Berliner Boersenzeitung - Philippines says to acquire US Typhon missile system

EUR -
AED 3.819087
AFN 72.682799
ALL 98.089398
AMD 408.896788
ANG 1.86594
AOA 954.524768
ARS 1062.897161
AUD 1.665979
AWG 1.871617
AZN 1.777387
BAM 1.948636
BBD 2.090515
BDT 123.725154
BGN 1.955014
BHD 0.392133
BIF 3061.046786
BMD 1.039787
BND 1.406131
BOB 7.154697
BRL 6.361111
BSD 1.035394
BTN 88.022406
BWP 14.310391
BYN 3.388344
BYR 20379.834362
BZD 2.081249
CAD 1.497783
CDF 2984.18977
CHF 0.932398
CLF 0.03737
CLP 1031.154673
CNY 7.589614
CNH 7.599344
COP 4564.666982
CRC 522.379595
CUC 1.039787
CUP 27.554368
CVE 109.862174
CZK 25.147272
DJF 184.372199
DKK 7.457771
DOP 63.048218
DZD 140.184369
EGP 53.110785
ERN 15.596812
ETB 129.065422
FJD 2.410903
FKP 0.823493
GBP 0.829745
GEL 2.92165
GGP 0.823493
GHS 15.220047
GIP 0.823493
GMD 74.864534
GNF 8945.1154
GTQ 7.977672
GYD 216.613671
HKD 8.078857
HNL 26.282379
HRK 7.458298
HTG 135.452043
HUF 414.927541
IDR 16823.397298
ILS 3.791088
IMP 0.823493
INR 88.514664
IQD 1356.313833
IRR 43762.057998
ISK 145.144124
JEP 0.823493
JMD 161.994466
JOD 0.73731
JPY 163.16967
KES 134.392694
KGS 90.461796
KHR 4160.704156
KMF 484.670921
KPW 935.808139
KRW 1511.1543
KWD 0.320421
KYD 0.862828
KZT 543.751028
LAK 22661.689661
LBP 92716.151012
LKR 303.98248
LRD 187.91916
LSL 19.061624
LTL 3.070222
LVL 0.628957
LYD 5.087298
MAD 10.420392
MDL 19.07089
MGA 4885.041302
MKD 61.568897
MMK 3377.189135
MNT 3533.197679
MOP 8.288728
MRU 41.176624
MUR 48.713702
MVR 15.980014
MWK 1794.887232
MXN 20.936114
MYR 4.668836
MZN 66.446297
NAD 19.061624
NGN 1607.979191
NIO 38.099935
NOK 11.79236
NPR 140.836249
NZD 1.841815
OMR 0.400316
PAB 1.035394
PEN 3.855426
PGK 4.198565
PHP 60.928948
PKR 288.191432
PLN 4.273306
PYG 8073.320348
QAR 3.774424
RON 4.977253
RSD 117.035318
RUB 104.212733
RWF 1443.294071
SAR 3.906118
SBD 8.717115
SCR 14.499106
SDG 625.434214
SEK 11.481583
SGD 1.411215
SHP 0.823493
SLE 23.710672
SLL 21803.826448
SOS 591.724664
SRD 36.528736
STD 21521.501253
SVC 9.059694
SYP 2612.497459
SZL 19.056942
THB 35.631446
TJS 11.32676
TMT 3.649654
TND 3.299171
TOP 2.435285
TRY 36.618975
TTD 7.027166
TWD 34.012527
TZS 2503.289383
UAH 43.422667
UGX 3798.037414
USD 1.039787
UYU 46.180229
UZS 13348.925833
VES 53.527677
VND 26462.591046
VUV 123.445651
WST 2.872712
XAF 653.554362
XAG 0.035083
XAU 0.000397
XCD 2.810077
XDR 0.789797
XOF 653.554362
XPF 119.331742
YER 260.336802
ZAR 19.162504
ZMK 9359.342251
ZMW 28.653662
ZWL 334.81114
  • RBGPF

    59.9600

    59.96

    +100%

  • RELX

    -0.3100

    45.47

    -0.68%

  • RYCEF

    -0.0100

    7.27

    -0.14%

  • NGG

    0.8200

    58.5

    +1.4%

  • SCS

    -0.5800

    11.74

    -4.94%

  • CMSC

    0.0200

    23.86

    +0.08%

  • RIO

    -0.0900

    58.64

    -0.15%

  • AZN

    0.9100

    65.35

    +1.39%

  • GSK

    0.1700

    33.6

    +0.51%

  • CMSD

    0.0000

    23.56

    0%

  • BTI

    0.1131

    36.24

    +0.31%

  • BCC

    -0.2600

    122.75

    -0.21%

  • BCE

    0.0500

    23.16

    +0.22%

  • BP

    0.1900

    28.6

    +0.66%

  • VOD

    0.0100

    8.39

    +0.12%

  • JRI

    0.1100

    12.06

    +0.91%

Philippines says to acquire US Typhon missile system
Philippines says to acquire US Typhon missile system / Photo: Ted ALJIBE - AFP/File

Philippines says to acquire US Typhon missile system

The Philippines said Monday it planned to acquire the US Typhon missile system as part of a push to secure its maritime interests, sparking warnings from China of a regional "arms race".

Text size:

The US Army deployed the mid-range missile system in the northern Philippines earlier this year for annual joint military exercises with its longtime ally, and decided to leave it there despite criticism by Beijing that it was destabilising to Asia.

Philippine Army chief Lieutenant-General Roy Galido told a news conference on Monday that the missile system would be "acquired because we see its feasibility and its functionality in our concept of archipelagic defence implementation".

"I'm happy to report to our fellow countrymen that your army is developing this capability for the interest of protecting our sovereignty," he said, adding the total cost of the acquisition would depend on "economics".

The presence of the US missile launcher had angered Beijing, whose navy and coast guard forces have engaged in escalating confrontations in recent months with the Philippines over disputed reefs and waters in the South China Sea.

Beijing claims almost the entire South China Sea despite an international ruling that its assertion has no legal basis.

Manila and Washington, longstanding treaty allies, have deepened their defence cooperation since Philippine President Ferdinand Marcos took office in 2022 and began pushing back on Beijing's claims to the South China Sea.

And on Monday, China swiftly condemned the decision to acquire the system as a "provocative and dangerous move" and warned it risked triggering an "arms race".

"It is an extremely irresponsible choice for the history of its own people and the people of Southeast Asia, as well as for regional security," foreign ministry spokeswoman Mao Ning said Monday.

"The region needs peace and prosperity, not missiles and confrontation," she added, urging Manila to "correct its wrong practices as soon as possible".

As a rule, it takes at least two or more years for the Philippine military to acquire a new weapons system from the planning stage, Galido said Monday, adding it was not yet budgeted for 2025.

It took five years for Manila to take delivery of the BrahMos cruise missile last year, he added.

- 'Project force' -

The land-based "mid-range capability" Typhon missile launcher, developed by US firm Lockheed Martin for the US Army, has a range of 300 miles (480 kilometres), though a longer-range version is in development.

Galido said the Typhon system would enable the army to "project force" outwards up to 200 nautical miles (370 kilometres), which is the limit of the archipelago nation's maritime entitlements under the United Nations Convention on the Law of the Sea.

"You have to take note of the fact that at 200 nautical miles there is no land there and the army cannot go there," he said.

The Typhon platform "will protect our floating assets", he said, a reference to ships of the Philippine navy, coast guard and other vessels.

Chinese Defence Minister Dong Jun warned in June that the Typhon deployment was "severely damaging regional security and stability".

But Galido dismissed the criticism of the Typhon system in the Philippines.

"We should not be bothered by others' seeming insecurities because we don't have any plans to go outside of our country's interests," he said.

(K.Müller--BBZ)