Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Taiwan says seeking long-range cruise missiles from U.S

Published 2021-04-19, 04:23 a/m
Updated 2021-04-19, 04:24 a/m
© Reuters.

TAIPEI (Reuters) - Taiwan is seeking to acquire long-range, air-launched cruise missiles from the United States, a defence official said on Monday, as the Chinese-claimed island bolsters its forces in the face of increasing pressure from Beijing.

While Taiwan is developing its own long-range missiles, to give it an ability to strike back deep into China in the event of war, it has also looked to the United States to help provide it more advanced weaponry.

Asked in parliament which weapons systems Taiwan wants to buy but the United States has not yet said it can, Lee Shih-chiang, head of Taiwan's defence ministry's strategic planning department, named Lockheed Martin Corp (NYSE:LMT)'s AGM-158.

"We are still in the process of seeking it" from the United States, Lee said. "Communication channels are very smooth and normal."

He did not elaborate.

The AGM-158 JASSM - standing for Joint Air-to-Surface Standoff Missile - can have a range of almost 1,000 km (621 miles) depending on the model, and be fixed to aircraft including F-16s, which Taiwan operates.

Lockheed Martin says the missile is designed to destroy high-value, well-defended, fixed and relocatable targets, and be launched far enough away to keep the launch aircraft well away from enemy air defence systems.

China has stepped up military activity near Taiwan, as it tries to force the government in Taipei to accept Beijing's claims of sovereignty.

Taiwan's armed forces, dwarfed by China's, are in the midst of a modernisation programme to offer a more effective deterrent, including the ability to hit back at bases far from China's coast in the event of a conflict.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Taiwan's armed forces have traditionally concentrated on defending the island from a Chinese attack.

But President Tsai Ing-wen has stressed the importance of developing an "asymmetrical" deterrent, using mobile equipment that is hard to find and destroy, and capable of hitting targets far away from Taiwan.

Washington, Taipei's main foreign arms supplier, has been eager to create a military counterbalance to Chinese forces, building on an effort known within the Pentagon as "Fortress Taiwan".

Beijing views Taiwan as sovereign Chinese territory, and has never renounced the use of force to bring it under its control.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.