Index Investing News
Sunday, May 11, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Taiwan says it can not afford new U.S. anti-submarine helicopters By Reuters

by Index Investing News
May 5, 2022
in Stocks
Reading Time: 2 mins read
A A
0
Home Stocks
Share on FacebookShare on Twitter


© Reuters. FILE PHOTO: A U.S. Navy MH-60R Sea Hawk helicopter from the “Blue Hawks” of Helicopter Maritime Strike Squadron 78 fires chaff flares throughout a coaching train close to the plane provider USS Carl Vinson (CVN 70) within the Philippine Sea April 24, 2017. U.S.

TAIPEI (Reuters) -Taiwan signalled on Thursday that it had deserted a plan to purchase superior new anti-submarine warfare helicopters from the US, saying they have been too costly.

Taiwan had earlier stated it was planning to purchase 12 MH-60R anti-submarine helicopters, made by Lockheed Martin Corp (NYSE:) unit Sikorsky, however home media stated the US had rejected the sale as not being in step with the island’s wants.

Requested in parliament about latest modifications to Taiwan’s purchases of latest U.S. weapons, Defence Minister Chiu Kuo-cheng talked about the helicopter case first.

“The worth is just too excessive, past the scope of our nation’s skill,” he stated.

Two different arms purchases have additionally been delayed – M109A6 Medium Self-Propelled Howitzer artillery programs, and cellular Stinger anti-aircraft missiles.

The Raytheon Applied sciences (NYSE:)’ Stingers are in scorching demand in Ukraine, the place they’ve been used towards Russian plane, however U.S. provides have shrunk and there are important hurdles to producing extra of the anti-aircraft weapons.

Chiu stated they’d already signed the contract for the Stingers and paid for them, and they might press the US to ship them.

“We do not view arms gross sales as a mere matter, and now we have back-up plans,” he added, with out elaborating.

Taiwan says the US has supplied it alternate options to the M109A6, together with truck-based rocket launchers made by Lockheed Martin referred to as the Excessive Mobility Artillery Rocket System, or HIMARS.

Chiu stated they have been nonetheless contemplating their choices on that.

A U.S. State Division spokesperson declined to touch upon particular platforms however stated: “The USA’ swift provision to Taiwan of defensive weaponry … is crucial for Taiwan’s safety, and we are going to proceed to work with trade to help that objective.”

Taiwan, claimed by China as its personal territory, is endeavor a army modernisation programme to enhance its capabilities to fend off a Chinese language assault, together with with precision weapons like missiles.

President Tsai Ing-wen has championed the idea of “uneven warfare”, which entails growing high-tech, extremely cellular weapons which can be exhausting to destroy and may ship precision assaults.

U.S. officers have been pushing Taiwan to modernise its army so it will probably develop into a “porcupine” that’s exhausting for China to assault.

China has been ramping up its personal army modernisation and strain towards Taiwan because it seeks to power the democratically ruled island to just accept Beijing’s rule.

Chiu stated that not too long ago – with out giving a timeframe – there have been many “enemy ships” within the waters round Taiwan, which “in precept stand off” with Taiwanese forces. He didn’t give particulars.

Eight Chinese language naval vessels, together with the plane provider the Liaoning, handed between islands in Japan’s southern Okinawa chain on Monday, an space that’s to Taiwan’s northeast.



Source link

Tags: affordantisubmarinehelicoptersReutersTaiwan
ShareTweetShareShare
Previous Post

ASAP Rocky & Rihanna Get Married In His New Music Video ‘D.M.B’ – Hollywood Life

Next Post

US nuclear commander warns on Russia and China — RT World Information

Related Posts

First Capital Actual Property Funding Belief (FCXXF) Q1 2025 Earnings Convention Name Transcript

First Capital Actual Property Funding Belief (FCXXF) Q1 2025 Earnings Convention Name Transcript

by Index Investing News
May 11, 2025
0

First Capital Actual Property Funding Belief (OTC:FCXXF) Q1 2025 Earnings Convention Name Might 7, 2025 2:00 PM ET Firm Members...

Marcus & Millichap, Inc. (MMI) Q1 2025 Earnings Name Transcript

Marcus & Millichap, Inc. (MMI) Q1 2025 Earnings Name Transcript

by Index Investing News
May 11, 2025
0

Marcus & Millichap, Inc. (NYSE:MMI) Q1 2025 Earnings Convention Name Could 7, 2025 10:30 AM ET Firm Members Jacques Cornet...

Phibro Animal Well being Company (PAHC) Q3 2025 Earnings Name Transcript

Phibro Animal Well being Company (PAHC) Q3 2025 Earnings Name Transcript

by Index Investing News
May 10, 2025
0

Phibro Animal Well being Company (NASDAQ:PAHC) Q3 2025 Earnings Convention Name Could 8, 2025 9:00 AM ET Firm Members Glenn...

Banco de Sabadell, S.A. (BNDSF) Q1 2025 Earnings Name Transcript

Banco de Sabadell, S.A. (BNDSF) Q1 2025 Earnings Name Transcript

by Index Investing News
May 10, 2025
0

Banco de Sabadell, S.A. (OTCPK:BNDSF) Q1 2025 Earnings Convention Name Might 8, 2025 3:00 AM ET Firm Individuals Lluc Sas...

Legrand SA (LGRVF) Q1 2025 Earnings Name Transcript

Legrand SA (LGRVF) Q1 2025 Earnings Name Transcript

by Index Investing News
May 10, 2025
0

Legrand SA (OTCPK:LGRVF) Q1 2025 Earnings Name Might 7, 2025 3:30 AM ET Firm Contributors Benoît Coquart - Chief Govt...

Next Post
US nuclear commander warns on Russia and China — RT World Information

US nuclear commander warns on Russia and China — RT World Information

NAR Chief Economist: We Might Be In For A ‘Most Distinctive’ Recession

NAR Chief Economist: We Might Be In For A 'Most Distinctive' Recession

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Is Shiba Inu Value Due for 80% Rally in April As SHIB Escapes Falling Wedge Sample?

Is Shiba Inu Value Due for 80% Rally in April As SHIB Escapes Falling Wedge Sample?

March 28, 2025
Cash App Taxes vs. TurboTax vs. H&R Block: 2023 Comparison

Cash App Taxes vs. TurboTax vs. H&R Block: 2023 Comparison

February 21, 2023
India’s drought of overseas vacationer arrivals: Is there an finish in sight?

India’s drought of overseas vacationer arrivals: Is there an finish in sight?

December 12, 2024
Transcript: Peter Goodman – The Large Image

Transcript: Peter Goodman – The Large Image

November 12, 2024
Capital Ideas: How the Fed Is Helping Thaw the Freeze

Capital Ideas: How the Fed Is Helping Thaw the Freeze

February 8, 2024
Adam Peaty reveals what may tempt him to compete at LA 2028

Adam Peaty reveals what may tempt him to compete at LA 2028

October 8, 2024
“Things Are Going to Be Messed Up”

“Things Are Going to Be Messed Up”

July 30, 2023
Trump speech at Bitcoin 2024 triggers M in lengthy liquidations amid market volatility

Trump speech at Bitcoin 2024 triggers $24M in lengthy liquidations amid market volatility

July 28, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In