Taiwan Authorizes USD1.4B Drone Acquisition Plan
The island’s legislature, the Legislative Yuan, has approved funding to support domestic drone manufacturing for six years, according to media. Taiwan currently hosts roughly 250 drone manufacturers, with production valued at 5.05 billion New Taiwan dollars in 2024.
Taipei is actively expanding its global partnerships, having signed eight memoranda of understanding to integrate into supply chains with nations such as the United States, Japan, the Czech Republic, and Poland.
In parallel, Taiwan has proposed a defense budget of $31.1 billion for the coming year, representing more than 3% of its GDP.
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