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Thursday, July 04, 2013

Philippines to buy 2 frigates from Italy

Maestrale-class frigateThe Philippines is set to buy two Maestrale-class frigates from Italy, a defense official said Wednesday, as the Asian nation races to upgrade its military amid mounting territorial disputes with China.

The frigates, along with 12 FA-50 fighter aircraft, are the most significant items on the government's 75-billion-peso ($1.7-billion) military modernization budget over the next five years, Defense Undersecretary Fernando Manalo said.

"We are modernizing not because we want to go to war with China," he told a news conference.

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