Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Investing

Taiwan Arms Backlog, May 2024 Update

by June 3, 2024
June 3, 2024
Taiwan Arms Backlog, May 2024 Update

Eric Gomez and Benjamin Giltner

The backlog of US arms sales to Taiwan did not change in May 2024. Congress was not notified of any new arms sales, and there was no indication that any backlogged arms sales arrived in Taiwan. Per Figures 1 and 2, the backlog remains valued at $19.7 billion, with a majority of the backlog ($10.87 billion) consisting of traditional capabilities.

In Table 1, we have opted to keep the two sales of HIMARS—an original $436 million sale for 11 launchers and $520 million more for 18 additional launchers—as separate items instead of combining the two. The two sales have separate delivery timelines. Disaggregating them makes it easier to track the change in the backlog’s dollar value.

Taiwan was a very busy place despite the lack of change in the arms sale backlog.

Lai Ching‐​te officially became Taiwan’s new president on May 20. Shortly after the inauguration, China conducted large‐​scale military exercises around Taiwan, though Chinese ships and aircraft stayed outside of Taiwan’s territorial waters and airspace. The exercises were similar to those held in August 2022 after then‐​Speaker of the House Nancy Pelosi visited Taiwan.

Several members of Congress also visited Taiwan in late May to signal US support for the Lai administration and to reassure Taipei that US weapons are on the way. Assuming there are no new delays, Taiwan should receive its first tranches of newly‐​built F‑16s, Abrams tanks, and HIMARS launchers by the end of 2024, which will put a big dent in the backlog.

Additionally, it will be interesting to see what the first US arms sale to the Lai administration will be. Taiwan’s outgoing President Tsai Ing‐​wen frequently stressed the need for more asymmetric weapons and Taiwan’s military made some important investments in these capabilities during her tenure. However, Taiwan’s military has resisted fully embracing an asymmetric defense posture, and 55 percent of the backlog’s dollar value is for capabilities that are both more expensive and less likely to survive long in a conflict with China.

Taiwan Arms Backlog Dataset, May 2024 

0
FacebookTwitterGoogle +Pinterest
previous post
Leftist Victory in Mexico Puts Freedom at Risk
next post
Trump verdict fires up the donor class leading to massive May fundraising haul

You may also like

Should Governments Encourage Population Growth?

August 19, 2024

A Link Tax Won’t Save the Newspaper Industry...

August 14, 2023

A US Sovereign Wealth Fund Is a Bad...

February 6, 2025

Washington Post Global Social Security Comparison Misses the...

September 5, 2024

New IRS Guidance Makes the Inflation Reduction Act’s...

May 31, 2024

More Hidden Costs of Minimum Wage Hikes: A...

January 10, 2025

Rising Farm Incomes Underscore Need for Subsidy Cuts

September 19, 2023

Can 15-Minute Cities Be Vertical?

April 8, 2024

ICE Has Increased Enforcement Since Trump Left Office

June 20, 2023

How DOJ Turned Flares of Joy into a...

January 8, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • How Automated Packaging is Revolutionizing Supply Chains

      May 15, 2025
    • Business Settings that Need Rolling Shutters

      May 15, 2025
    • What’s Driving the Drop in Overdose Deaths?

      May 15, 2025
    • The real breakthrough in U.S.–China trade talks is much bigger than just tariffs

      May 15, 2025
    • Dem senator says ‘no doubt’ Biden declined cognitively during presidency

      May 15, 2025
    • Trump makes historic UAE visit as first US president in nearly 30 years

      May 15, 2025

    Categories

    • Business (7,968)
    • Investing (1,960)
    • Politics (15,230)
    • Stocks (3,084)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved