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Airbus eyes bigger piece of PH military spending

European aerospace giant Airbus wants to boost its estimated $300 million in direct and indirect annual revenues from the Philippines --- currently made through the sale of airliners, helicopters and support services --- by offering new military aircraft to the government. In particular, Airbus wants the Armed Forces of the Philippines to consider acquiring the new C295 Maritime Patrol Aircraft which can be used to protect the country's territory in the South China Sea. "We understand that the Philippine military is in the market for new patrol aircraft and the C295 is ideal because the Philippine Air Force already operates the same platform as transport aircraft," Airbus Defence a...

Keep on reading: Airbus eyes bigger piece of PH military spending

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Motorcyclist dead in Lucena collision

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