Tag: drone funding

Taiwan Approves $7.57 Billion Drone Funding in Hedgehog Strategy Boost

Taiwan's parliament has greenlit a whopping $7.57 billion drone funding package as part of a broader strategy to bolster its defenses, despite analyst warnings that the compromise could create uncertainty for local manufacturers. The approved budget allocates $40 billion annually for six years, falling short of President Lai Ching-te's request for immediate access to a larger special budget.