Philippine Aerospace Development Corp transferred to defense department

The Department of Transportation (DOTr) signed a Memorandum of Understanding (MOU) with the Department of National Defense (DND) for the transfer of several transportation assets to the defense department.

DOTr Secretary Arthur Tugade and DND Secretary Delfin Lorenzana signed the MOU.

First, the Philippine Aerospace Development Corporation (PADC). PADC undertakes business and development activities for the establishment of a reliable aviation and aerospace industry within the Philippines.

DOTr photo

PADC engages in the design, manufacture, and sale of all forms of aircraft, and also develops local capabilities in the maintenance, repair, and modification of aviation equipment.

Second is the Guiuan Airport in Eastern Samar. Third is some facilities of the Old Puerto Princesa terminal building.