US-Philippines Alliance Boost: $3 Billion Authorized for Defense Modernization
This bill authorizes $3 billion over six years (fiscal years 2024-2029) in military aid for the Philippines under the Foreign Military Financing program. The goal is to modernize their armed forces, enhance maritime security, and safeguard territorial sovereignty. It authorizes federal spending for defense purposes abroad.
Key points
Authorizes $500 million annually (totaling $3 billion) in Foreign Military Financing grants for the Philippines.
Funds are intended to strengthen capabilities such as coastal defense, maritime security, and countering coercive military activities.
Requires annual reports to Congress describing steps taken to enhance the defense relationship and identifying necessary capabilities (e.g., cybersecurity, aerial systems).
Status:
Expired
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