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Missile Defense Briefing for



...Missile Defense News


Wednesday, November 20, 2024

Taiwan plans to spend US $2.2 billion on American weapons next year

Taiwan plans to spend US $2.2 billion on American weapons next year

"...Taiwan will spend NT$70.6 billion (US$2.2 billion) on weapons from the US next year amid the escalating threat from mainland China. The island’s defence ministry said Taipei has signed contracts with the United States for 21 procurement projects, totalling NT$716.6 billion, with final payments scheduled to be made in 2031. “Of this total, approximately NT$373.1 billion has already been paid...29 HIMARS rocket systems, and 100 Harpoon land-based missile systems."

Reference: www.scmp.com .