Taiwan's military plans to budget US$860 million to purchase new Mk54 and Mk48 torpedoes to replace its aging U.S.- and German-made ones, the U.S.-based Defense News reported Monday.
The weekly said in a dispatch from Taipei that Taiwan's military authorities will procure the torpedoes in phases over a 10-year period.
Of the total budget, US$300 million will be used to buy 600 Mk54 lightweight hybrid torpedoes to replace Mk46 anti-submarine torpedoes, the report said.
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