MANILA — In line with its efforts to modernize the military, the Department of National Defense (DND) has announced plans of acquiring a shore-based missile system for P6.5 billion.
Patrick Velez, DND vice chair for the bids and awards committee, said once acquired, the weapon will be placed under the control and supervision of the Army.
The shore-based missiles will be carried out through “limited source bidding."
Velez defines limited source bidding a process where certain companies are invited to submit bids for a project.
No other details were given for security reasons.
(ZamboTimes)
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