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The project is said to be worth Php5.2 billion, which matches the Frigate Lot 4 - CIWS Acquisition Project of the Philippine Navy as submitted under Horizon 3 Phase 1 worth Php5.27 billion. If chosen, they stand to likely supply CIWS to new HDC-3100 corvettes and 2 new LPDs
Based on information we've gathered, the M142 HIMARS will be acquired separately from the PA's "official" MLRS Acquisition project & will be negotiated with US as part of Security Sector Assistance Roadmap. 1 or 2 batteries are eyed under this program.
1. The Oliver Hazard Perry-class are now old & expensive to revitalize, not to mention the availability for allies. Bahrain got a 2nd ship for $150m but needs a lot of work which may cost more than $100m extra.
1. Price - the PAF's budget for MRF has practically unchanged, which means only Saab can meet the budget vs quantity needed. Lockheed Martin's offer for 12 aircraft, sans the other package inclusions, is still beyond the PAF's budget. At best it can onpy afford 6 Vipers.
1. The US Navy is studying the use of Japanese shipbuilders to maintain its ships in the region. And this is believed to potentially expand to South Korea, the Philippines & Singapore.
1st option is to continue these balance projects as Horizon 2 (and Horizon 1) at the same time as Horizon 3 projects. 2nd is to move them as they are as Horizon 3 projects. Both options will mean the projects will proceed with the same objective, budget, quantity, and specs. 2/x
Too much emphasis will be given to Anti-Access/Area Denial (A2/AD) and reduced overreaching capabilities of defending the outer regions of our EEZ and Sea Lanes of Communications (SLOC). This means reducing reliance on ships & aircraft to venture out & for weapons delivery. 2/x 
A few years ago, we posted in our page that the PAF undertook its own FA-50 upgrade program that includes equipping them with Rafael's BNet-AR software defined radios, and readiness to accept Link 16 tactical data links.
Being a tank with a 105mm gun and weighing less than 40 tonnes, the Type 74 can be classified as a "Medium Main Battle Tank" under the Philippine Army planning and procurement. Which is the same as its upcoming ASCOD 2 Sabrah tanks.