D&S 2019: Thai defence industry receives shot in the arm
The Thai armed forces are emphasising greater coordination with government agencies and commercial enterprises to support R&D for equipment that can be produced domestically and which will meet international standards. This approach will improve self- sustainability and job creation within the kingdom.
The newly formed ‘democratic’ government approved a defence budget for 2020 that has been raised to $7.8 billion, which is equal to 1.3% of GDP. It has allocated $2.6 billion for equipment procurement alone.
In this fiscal year, the Royal Thai Army is acquiring US equipment including 70 Stryker vehicles worth $123 million, and eight AH-6i light attack
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