BusinessMirror April 30, 2022

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Saturday, April 30, 2022 Vol. 17 No. 202

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TOOLS OF WAR KEEP THE PEACE

ADAS gives DND, AFP a glimpse of modernization needs as defense and security take centerstage in a changing geopolitical environment

F

By Rene Acosta

OR three days this week, the military was provided with an opportunity to review what it has so far achieved, and what it would still need in its ongoing modernization program through the Asian Defense and Security (ADAS) 2022 held at the World Trade Center in Pasay City. The ADAS 2022, which was supported by the Department of National Defense (DND), the Armed Forces of the Philippines (AFP) and other agencies of government, has shown the country’s “strategic importance,” according to Defense Secretary Delfin Lorenzana, who added that the event has placed the Philippines at the center stage of defense and security. With 155 exhibitors from 31 countries who make the best assets, equipment, weapons and technologies in the world of defense and security, the exhibition accorded the Philippine military the chance to actually reassess its capability upgrade program and provided it with a list of future acquisitions. “We encourage all personnel from the defense and security sectors to maximize this opportunity presented by ADAS 2022 to attend this highly significant event and update themselves on

the latest weapon systems and equipment,” Lorenzana said in opening the event. On the other hand, AFP Chief of Staff General Andres Centino said the military joined the ADAS in order to update itself and evaluate its modernization program requirements, given the actual presence of the world’s leading defense manufacturers and their state-ofthe-art and cutting-edge assets, equipment and technologies. “The defense and security sector has significantly benefited from the ADAS series. By establishing networks and fostering stronger collaboration with the leaders of the industry, the event

provides opportunities for our policymakers to develop effective and swift responses against a myriad of national security threats,” Centino said.

Biggest names in business

THE ADAS 2022 assembled the biggest names in defense and security, some of which have been the contractors of the military’s previous and ongoing modernization projects as well as proponents of its upcoming procurements. They include the Korean Aerospace Industries, Embraer, Airbus and Rafael, which delivered fighter jets, helicopters and other aircraft Continued on A2

DEFENSE Secretary Delfin Lorenzana views the replicas of assorted land, sea and air military equipment and assets on display during the opening of the 4th Asian Defense and Security 2022 held at the World Trade Center in Pasay City. Organized by the Singapore-based APAC Expo, the event gathered the participations of 155 exhibitors from 31 countries in the global defense and security industry. ROY DOMINGO

PESO EXCHANGE RATES n US 52.1580

n JAPAN 0.3986 n UK 64.9889 n HK 6.6474 n CHINA 7.8723 n SINGAPORE 37.6131 n AUSTRALIA 37.0374 n EU 54.7763 n SAUDI ARABIA 13.9062

Source: BSP (April 29, 2022)


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