💨 Abstract

The Philippine President, Ferdinand Marcos Jr., signed a law to develop the country's defense industry, aiming to reduce reliance on imports and create equipment tailored to local security challenges. The self-reliant defense law offers fiscal incentives, prioritizes R&D, and production of critical defense materiel, including small arms, tactical vehicles, and sophisticated systems.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖