Coronavirus lacerates Thai naval spending
The COVID-19 outbreak has now struck down the annual budget of the Royal Thai Navy (RTN), which is being slashed by a third.
In total, the service will endure a cut of THB4.1 billion ($126.3 million), according to RTN spokesman Prachachart Sirisawat.
Out of the military’s three armed forces, the RTN will suffer the severest pruning of its budget, as the government ordered every ministry to reduce spending by 10% to help deal with the pandemic.
This decrease will obviously impinge upon important Thai naval contracts. The RTN has not yet signed on the dotted line for two additional Chinese-built
Already have an account? Log in
Want to keep reading this article?
Read this Article
Get access to this article with a Free Basic Account
- Original curated content, daily across air, land and naval domains
- 2 free stories per week
- Personalised news alerts
- Daily and weekly newsletters
Unlimited Access
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
- Original curated content, daily across air, land and naval domains
- 14-day free trial (cancel at any time)
- Unlimited access to all published premium news
More from Impact of COVID-19 Special Report
-
![UK resumes air defence infrastructure upgrade after COVID-related hiatus]()
UK resumes air defence infrastructure upgrade after COVID-related hiatus
The RAF plans by the end of the year to complete upgrade work to the physical infrastructure supporting a ground-based air surveillance radar in northeast England. …
-
![Transforming flight operations through next-gen connectivity (Studio)]()
Transforming flight operations through next-gen connectivity (Studio)
The highest standards of connectivity are crucial for aircraft in today’s military environment – and can play a key role during any crisis. That’s according to experts …
-
![DoD confirms five Defense Production Act Title 3 COVID-19 actions]()
DoD confirms five Defense Production Act Title 3 COVID-19 actions
The US DoD confirmed $135 million in Defense Production Act Title 3 COVID-19 actions aimed at maintaining defence critical workforce capabilities in body armour, aircraft …
-
![PLA delivers medical supplies to armed forces of 20 countries]()
PLA delivers medical supplies to armed forces of 20 countries
At the request of China’s Central Military Commission (CMC), the People’s Liberation Army Air Force has delivered medical supplies including personal protective equipment and surgical …
-
![IAI develops COVID-19 medical condition modelling]()
IAI develops COVID-19 medical condition modelling
Israel Aerospace Industries (IAI) reported on 8 June that it has developed a model which predicts the progression of the medical condition of COVID-19 patients, …
-
![Being agile, flexible and timely in a time of crisis (Studio)]()
Being agile, flexible and timely in a time of crisis (Studio)
Military aerospace maintenance, repair and overhaul (MRO) services must adapt to crises, even those as severe and unexpected as the coronavirus (COVID-19) pandemic. For Honeywell, …
