Philippine Defense Budget

The Proposed 2011 Philippine Defense Budget (P104,504,921,000) 80% Higher than 2010.
Philippine Defense Budget in this year 2010 is (P57,670,254,000).

Philippine Navy Acquisition

PHILIPPINE NAVY ACQUISITION: MULTI ROLE VESSELS P10 billion defense contract to South Korea. Each vessel costs 5 Billion Pesos.
NAVY MULTI PURPOSE HELICOPTERS amounting to (P850,910,000) ARE NOW OPEN TO BID.

Multi-Role Vessel For The Philippine Navy