Taiwan to spend $2.5 billion on anti-missile systems
Taipei (AFP) Aug 30, 2014 - Taiwan plans to spend Tw$74.8 billion ($2.5 billion) in the next nine years to acquire anti-missile systems to boost its aerial defences against China, a lawmaker and media said Saturday. The defence ministry aims to purchase the locally-made Tien Kung 3 (Sky Bow 3) surface-to-air missile system between 2015 and 2024 to replace the ageing Hawk missile systems, said lawmaker Lin Yu-fang of th ... more
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