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| Chairman of Taiwan navy contract ship firm charged with fraud TAIPEI (AFP) - The chairman of a Taiwan shipbuilding company that won a contract to build six naval ships was charged in a loan fraud case on Tuesday (Feb 13), dealing a blow to the island's ambition to grow its domestic defence industry. Taiwan relies on its main ally the US as its biggest arms ...
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| Navy's 30-Year Plan Charts Course to 355 Ships By 2050s But a new 30-year shipbuilding plan released by the service alongside its fiscal 2019 budget request Monday shows a path to its desired buildup that increases procurement of large and small combatants and leverages service-life extension programs to reach the 355-ship target sometime after 2050.
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