MND budget proves new cruise missile is in the plan




 
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September 2nd, 2007  
rock45
 

Topic: MND budget proves new cruise missile is in the plan


MND budget proves new cruise missile is in the plan
By Hsu Shao-hsuen
STAFF REPORTER
Sunday, Sep 02, 2007, Page 1 Next year's budget request submitted by the Ministry of Defense (MND) to the Legislature yesterday officially revealed for the first time that the nation is developing the Hsiung Feng 3, (雄風三型) or Brave Wind 3 anti-ship missile.
In addition,the MND's Missile Command's increasing expenditure is being seen as an important indicator that large numbers of cruise missile,code-named Hsiung Feng-IIE ,will start production and deployment next year.
Although the defense budget has reached 3 percent of Taiwan's GDP, the military still complains of a lack of money in a report on the five year plan to overhaul the armed forces submitted to the legislature.
The report states that the defense budget still shows a shortfall of NT$153.5 billion (US$4.64 billion) for the period between next year and 2013.



Full story
http://www.taipeitimes.com/News/fron.../02/2003376852
 


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