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Taiwan to spend $2.5 billion on anti-missile systems

File photo taken on October 10, 2007 shows the Tien Kung 3 surface-to-air missile system during the National Day parade in TaipeiTaiwan plans to spend Tw$74.8 billion ($2.5 billion) in the next nine years to acquire anti-missile systems to boost its aerial defences against China, a lawmaker and media said Saturday. The defence ministry aims to purchase the locally-made Tien Kung 3 (Sky Bow 3) surface-to-air missile system between 2015 and 2024 to replace the ageing Hawk missile systems, said lawmaker Lin Yu-fang of the parliament’s defence committee. The Tien Kung 3 surface-to-air missile system, developed by Taiwan’s Chungshan Institute of Science and Technology, is designed to counter tactical ballistic missiles for air defence missions and missile interception, according to Lin. Taiwan unveiled the Tien Kung 3 missile to the public at a national day parade in 2007 and tested it at a major missile drill in 2011.

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