(Manila Bulletin) CThe Department of National Defense (DND) is looking forward to the cordial conclusion of the termination of its P12.797-billion helicopter acquisition project with Russia.
he DND, under the leadership of Officer in Charge Jose Faustino Jr., is reactivating the Mutual Consultation Board which will engage representatives of Russian firm Sovtechnoexport in further discussions regarding the project’s termination.
“Following the letter of termination signed by former Secretary of National Defense Delfin N. Lorenzana, and serving of the formal notice from the Contract Termination and Review Committee, there had been an exchange of communications with Sovtechnoexport in accordance with the procedures under Republic Act No. 9184 [Government Procurement Reform Act],” DND spokesperson Arsenio Andolong said Tuesday, Oct. 25.
“This project is only a small part, and not the sum, of our bilateral relations with Russia. It is our hope that this episode will be concluded in an amicable manner for both parties,” he added… Read More
