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On December 11, 2012, President Benigno Aquino III amended by Republic Act No. 10349, also known as the Revised AFP Modernization Act, which extends the modernization program for another 15 years with an initial budget of ₱75 billion for the first five years in order to continue modernizing all the branches of the AFP.
The Philippine Army has embarked on a 3-phase modernization program starting from 2013 to 2028 under the Revised AFP Modernization Program (RAFPMP) covered by Republic Act 10349, while still completing a previous modernization program spanning from 1995 to 2012 under the AFP Modernization Program (AFPMP) covered by Republic Act 7898. [155]
English: Republic Act No. 10349 (Revised AFP Modernization Program) PDF file on the Official Gazette of the Republic of the Philippines website, signed by President Benigno Aquino III on December 11, 2012
Frigates made by South Korea's Hyundai Heavy Industries based on the shipbuilder's HDF-2600 design, acquired under the Horizon 1 phase of the Revised AFP Modernization Program. The first ship BRP Jose Rizal was delivered in May 2020 while the BRP Antonio Luna arrived on March 21, 2021.
Republic Act No. 10349, approved by President Benigno Aquino III on December 11, 2012, amended RA7898 to establish a revised AFP modernization program [115] lasting another 15 years ending in 2027. [114] The act included new provisions for the acquisition of equipment for all the branches of AFP. [citation needed]
The HDP-2200 Future Offshore Patrol Vessel is a class of six (6) offshore patrol vessels designed and built by Hyundai Heavy Industries (HHI) for the Philippine Navy.. The Philippine Navy is expecting the delivery of six new offshore patrol vessels acquired under its Offshore Patrol Vessel Acquisition Project under the Revised AFP Modernization Program's Horizon 2 phase covering years 2018 to ...
The modernization fund was to be separate and distinct from the rest of the AFP budget. However, the Asian Financial Crisis struck the region in 1997. This has greatly affected the AFP Modernization Program due to the government's austerity measures meant to turn the economy around after suffering from losses incurred during the financial ...
During the term of President Fidel V. Ramos, the AFP modernization program of 1995 (RA 7898) was passed, seeking to modernize the AFP to a level where it can effectively and fully perform its constitutional mandate, and identifying specific actions to be taken to achieve this end [17] over a 15-year period ending in 2010. [18]