President Ferdinand Marcos Jr. signs the Self-Reliant Defense Posture Revitalization Act on Oct. 8, 2024 at Malacanan Palace. In his speech during the ceremony, the President highlighted the significance of the Self-Reliant Defense Posture (SRDP) Revitalization Act in strengthening the Philippines' defense capabilities by relying on local resources and innovation. This act builds upon the legacy of the SRDP program initiated during the Marcos Sr. administration, which once met the basic needs of the Armed Forces of the Philippines. The law introduces a framework to promote defense industry development, prioritize research, and foster collaboration between government, private sectors, and research institutions. Incentives such as tax breaks and financing will encourage investments, while ensuring that defense materials remain solely for national use. PHOTOS BY YUMMIE DINGDING / PPA POOLPresident Ferdinand Marcos Jr. signs the Self-Reliant Defense Posture Revitalization Act on Oct. 8, 2024 at Malacanan Palace. In his speech during the ceremony, the President highlighted the significance of the Self-Reliant Defense Posture (SRDP) Revitalization Act in strengthening the Philippines' defense capabilities by relying on local resources and innovation. This act builds upon the legacy of the SRDP program initiated during the Marcos Sr. administration, which once met the basic needs of the Armed Forces of the Philippines. The law introduces a framework to promote defense industry development, prioritize research, and foster collaboration between government, private sectors, and research institutions. Incentives such as tax breaks and financing will encourage investments, while ensuring that defense materials remain solely for national use. PHOTOS BY YUMMIE DINGDING / PPA POOLPresident Ferdinand Marcos Jr. signs the Self-Reliant Defense Posture Revitalization Act on Oct. 8, 2024 at Malacanan Palace. In his speech during the ceremony, the President highlighted the significance of the Self-Reliant Defense Posture (SRDP) Revitalization Act in strengthening the Philippines' defense capabilities by relying on local resources and innovation. This act builds upon the legacy of the SRDP program initiated during the Marcos Sr. administration, which once met the basic needs of the Armed Forces of the Philippines. The law introduces a framework to promote defense industry development, prioritize research, and foster collaboration between government, private sectors, and research institutions. Incentives such as tax breaks and financing will encourage investments, while ensuring that defense materials remain solely for national use. PHOTOS BY YUMMIE DINGDING / PPA POOLPresident Ferdinand Marcos Jr. signs the Self-Reliant Defense Posture Revitalization Act on Oct. 8, 2024 at Malacanan Palace. In his speech during the ceremony, the President highlighted the significance of the Self-Reliant Defense Posture (SRDP) Revitalization Act in strengthening the Philippines' defense capabilities by relying on local resources and innovation. This act builds upon the legacy of the SRDP program initiated during the Marcos Sr. administration, which once met the basic needs of the Armed Forces of the Philippines. The law introduces a framework to promote defense industry development, prioritize research, and foster collaboration between government, private sectors, and research institutions. Incentives such as tax breaks and financing will encourage investments, while ensuring that defense materials remain solely for national use. PHOTOS BY YUMMIE DINGDING / PPA POOLPresident Ferdinand Marcos Jr. signs the Self-Reliant Defense Posture Revitalization Act on Oct. 8, 2024 at Malacanan Palace. In his speech during the ceremony, the President highlighted the significance of the Self-Reliant Defense Posture (SRDP) Revitalization Act in strengthening the Philippines' defense capabilities by relying on local resources and innovation. This act builds upon the legacy of the SRDP program initiated during the Marcos Sr. administration, which once met the basic needs of the Armed Forces of the Philippines. The law introduces a framework to promote defense industry development, prioritize research, and foster collaboration between government, private sectors, and research institutions. Incentives such as tax breaks and financing will encourage investments, while ensuring that defense materials remain solely for national use. PHOTOS BY YUMMIE DINGDING / PPA POOL