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

Future Retirement Success

Investing

Taiwan Arms Backlog, July 2024 Update

by August 5, 2024
August 5, 2024
Taiwan Arms Backlog, July 2024 Update

Eric Gomez and Benjamin Giltner

July 2024 was a quiet month for the backlog of US weapons that have been sold but not delivered to Taiwan. There were no new arms sales notified to Congress and no news of any weapons deliveries to Taiwan. The Taiwan arms sale backlog stands at $20.5 billion.

Figures 1 and 2 show the backlog by dollar value of weapons categories (asymmetric, traditional, and munitions), with Table 1 providing a detailed breakdown of the weapons platforms in the backlog.

While there were no new arms sales for July, there were two developments in Taiwan arms sales worth mentioning.

On July 17, China announced its suspension of arms control and nuclear proliferation talks with the United States due to recent US arms sales to Taiwan. These negotiations began after the November 2023 Biden-Xi summit in San Francisco, though China was reportedly not responsive to US efforts to have subsequent rounds of discussions after an initial round in late 2023.

The breakdown of US-China nuclear talks is a disappointing development, though given the current state of the relationship not much is lost from their cancellation. To halt US arms sales, Beijing typically sanctions US defense companies, despite these companies being legally prohibited from doing business with China. Linking nuclear talks with arms sales, especially over a sale of short-range loitering munitions that pose no threat to the Chinese mainland, is unlikely to change US behavior.

The second piece of news from July pertains to an August 2023 sale of Infrared Search and Track (IRST) systems that will equip Taiwan’s F‑16 fighter aircraft. IRST pods search for infrared emissions, such as heat from engine exhaust, allowing them to detect targets with a small radar signature. A stealth aircraft may appear very small on radar but is easier to detect using IRST systems. Our dataset codes the IRST pod as a traditional capability because it is a sub-component of another traditional capability: crewed fighter aircraft.

According to a Taiwanese government e‑procurement notice from July 12, 2024, the IRST pods are now under contract. The notice gives a date range of June 2024 to December 2030 for the contract, but it does not specify how many IRST systems are being procured. Nor does the notice indicate when delivery is expected to be completed. There is also no Department of Defense notice for an IRST contract award as of August 5, 2024, meaning we are currently unable to cross-reference the Taiwan procurement notice against a US defense contract announcement.

Moreover, the final delivery date for the IRST pods is unknown. The period mentioned in the procurement notice may include support for IRST pods after they are delivered and installed on Taiwan’s fighter aircraft. Our dataset would remove the IRST systems from the backlog after delivery, and not cover post-delivery support. In the meantime, we will keep the IRST systems in the backlog and will continue to monitor its progress.

Taiwan Arms Backlog Dataset, July 2024

0
FacebookTwitterGoogle +Pinterest
previous post
Checking in with the Cato Private Schooling Status Tracker
next post
UN forced to fire 9 employees over likely involvement in Hamas massacre: ‘Tip of the iceberg’

You may also like

NPR Digs into CBDCs

May 15, 2024

Census Bureau Seeks to Expand Racial Profiling

February 10, 2025

The Sun Keeps Shining on Solar Protectionism

November 21, 2023

Fiscal Effects of School Choice

May 23, 2024

Simpson-Bowles 2.0 Won’t Cut It, a BRAC-like Commission...

October 17, 2024

Smoothing the Path for Families Navigating the Changing...

June 25, 2024

The FTC’s Doublethink Confuses Content Moderation, Censorship, and...

February 24, 2025

The Untested Assumptions in SEC Chair Gensler’s Pivot...

July 31, 2023

Can Private Foundations Replace Federal Funding of University...

April 17, 2025

Utah Becomes Seventh State to Let Patients Access...

March 4, 2024

NPR Digs into CBDCs

May 15, 2024

Census Bureau Seeks to Expand Racial Profiling

February 10, 2025

The Sun Keeps Shining on Solar Protectionism

November 21, 2023

Fiscal Effects of School Choice

May 23, 2024

Simpson-Bowles 2.0 Won’t Cut It, a BRAC-like Commission...

October 17, 2024

Smoothing the Path for Families Navigating the Changing...

June 25, 2024

The FTC’s Doublethink Confuses Content Moderation, Censorship, and...

February 24, 2025

The Untested Assumptions in SEC Chair Gensler’s Pivot...

July 31, 2023

Can Private Foundations Replace Federal Funding of University...

April 17, 2025

Utah Becomes Seventh State to Let Patients Access...

March 4, 2024

    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

    • House Republicans face down Dem attacks, protests to pull all-nighter on Trump’s ‘big, beautiful bill’

      May 14, 2025
    • US cuts defense ties with Cuba over ‘non-cooperation’ after harboring terror fugitives

      May 13, 2025
    • Tariff Tensions Ease, Nasdaq Soars — But is SMH the Emerging Leader?

      May 13, 2025
    • Trump’s Afrikaner Refugees: Strange Process, Right Decision

      May 13, 2025
    • Four Reasons School Choice Is Good, but Federal Is Bad

      May 13, 2025
    • Saudis deploy mobile McDonald’s for Trump’s trip to the kingdom

      May 13, 2025

    Categories

    • Business (7,949)
    • Investing (1,953)
    • Politics (15,204)
    • Stocks (3,081)
    • 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