Local defense industry revitalization advanced with new law signing

Date:

Share post:

Local defense industry revitalization advanced with new law signing,-PCO photo

DAVAO CITY – President Ferdinand R. Marcos Jr. signed Republic Act No. 12024, known as the Self-Reliant Defense Posture (SRDP) Revitalization Act, on October 8, 2024, during a ceremony at MalacaƱan Palace. This legislation aims to enhance the country’s domestic production and manufacturing of defense assets and hardware.

The revitalization of the SRDP Program is designed to establish an independent and dynamic defense system that relies on the Philippines’ own capabilities and resources to meet the weapon and materiel requirements of the Armed Forces of the Philippines (AFP) and other law enforcement agencies.

Secretary of National Defense Gilberto C. Teodoro Jr., along with key government officials, attended the signing of this priority bill for the Marcos Administration. The SRDP Program emphasizes research and development, prioritizing innovations and technological breakthroughs in the defense sector, as well as dual-use technologies.

The law aims to strengthen the AFP’s capabilities across both traditional and non-traditional domains, ultimately facilitating a credible defense posture and promoting self-reliance. By fostering the development of a national defense industry, the law will also leverage local enterprises through collaborative partnerships with Original Equipment Manufacturers (OEM) from like-minded countries willing to provide technology transfer assistance.

Paul Palacio
Paul Palacio
Paul Trajera Palacio, a veteran news anchor got his Mass Communication Curriculum from University of Mindanao-Davao Campus. He is the current News Anchor of Newsline Philippines.
RIZAL MEMORIAL COLLEGEspot_img

Related articles

British King’s Counsel Peter Haynes, has joined Duterte’s legal team before the ICC.

MANILA, Philippines (May 12) — Former President Rodrigo Duterte has appointed British barrister Peter Haynes as his new...

Tom and Jerry at the Senate: Produced by the NBI?

The Senate staircase on Monday did not look like the solemn corridor of a democratic institution. It looked...

Rescued raptor, monkey highlight growing wildlife awareness in Zambo Norte

ZAMBOANGA CITY  (May 12) — A rescued young hawk and a surrendered monkey are becoming fresh symbols of...

DCPO, DMW move to shield DavaoeƱos from trafficking traps disguised as overseas jobs

DAVAO CITY  (May 12) — For many DavaoeƱo families, working abroad remains a lifeline out of poverty —...