TAIPEI (Taiwan News) — The Ministry of National Defense said Sunday that it had secured a deferral on the Monday deadline for the initial payment on HIMARS rocket systems, giving Taiwan more time to resolve a legislative impasse over the proposed NT$1.25 trillion (US$40 billion) special defense budget.
MND Department of Strategic Planning Director Huang Wen-chi (黃文啓) said during a Monday legislative session that the US agreed to defer payment for all 82 systems until the US Department of Defense negotiates with the contractor, Lockheed Martin, per CNA. Huang said the ministry will continue to push for passage of the special defense budget to prevent a repeat of similar delays in the near future.
Huang told the media before the meeting that because the HIMARS Letter of Offer and…
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Source taiwannews.com.tw
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