Taiwan Defence Tenders

The Taiwan defense market is a significant and growing sector, driven by the country's complex security challenges and strong commitment to national defense. In 2023, the market is estimated to be worth around USD 19.9 billion, and it is expected to grow at a CAGR of over 4% during the period 2024-2028.

The Taiwan government is the primary driver of defense spending in the country. In 2023, the defense budget reached USD 19.9 billion, representing 2.1% of GDP. The government's procurement priorities are focused on modernization and upgrading the Taiwan Armed Forces (TAF) to maintain its capabilities and deter potential adversaries.

The Taiwan government procures a wide range of defense products and services, including:
Platforms: Aircraft, ships, submarines, land vehicles, and weapons systems.
Electronic warfare systems: Radar, sonar, and communications systems.
Cybersecurity solutions: Software, hardware, and services to protect against cyberattacks.
Logistics and support services: Maintenance, training, and supply chain management.

The key government agencies responsible for defense procurement in Taiwan include:
Ministry of National Defense (MND): The lead agency for defense policy and procurement.
Defense Procurement Division (DPD): Responsible for managing the procurement of defense capabilities.
Armed Forces Procurement Office (AFPO): Responsible for the technical evaluation of defense procurements.

Major Taiwanese and international companies are involved in supplying defense products and services to the Taiwan government, including:
Aerospace Industrial Development Corporation (AIDC): Manufacturer of aircraft and submarines.
Chunghwa Telecommunications Co., Ltd. (CHT): Manufacturer of communication systems.
Raytheon Technologies: Manufacturer of missiles and electronic warfare systems.
Boeing: Manufacturer of aircraft.
Lockheed Martin: Manufacturer of aircraft and missiles.

Tags -
Taiwan defence tenders, Taiwan defence contracts, global Taiwan defence tenders, Taiwan defence procurement, Taiwan army tenders, Taiwan navy tenders, Taiwan air force tenders, Taiwan military tenders, free Taiwan defence tenders, Taiwan defence agency tenders, Taiwan arms ammunition tenders, Taiwan weapons tenders, Taiwan defence ICBs