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May 26, 2017

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Taiwan ships 1 billion bullets to United States: report

TAIPEI, Taiwan -- Taiwan has shipped one billion rifle bullets to the United States for NT$560 million in a rare arms sale to the United States, it was reported yesterday.

The 5.56 mm bullets are mainly used to replenish supplies which have run low after wars in Afghanistan and Iraq, the Taipei-based China Times reported, citing a military source.

Taiwan's defence ministry last year beat off competition from the likes of Singapore and South Korea to win the five-year contract from a U.S. military subcontractor, it was reported.

In a separate deal, the China Times said the Taiwanese Army plans to purchase 60 UH-60M Black Hawk transport helicopters from Washington for NT$71.7 billion.

The US is the leading arms supplier to Taiwan — something China objects to — with Beijing regarding the island as part of its territory awaiting reunification, by force if necessary.

Taiwan has been seeking more advanced weaponry amid China's repeated threats to invade.

Taiwan President Chen Shui-bian last week accused China of provoking the island by targeting it with nearly 1,000 missiles.

Tensions between Taipei and Beijing escalated since the independence leaning leader was elected president in 2000. He was narrowly re-elected in 2004.

October 24, 2015    speldrong7@
.56 cents a round? Uncle Sam got worked over hard.
October 26, 2015    boogurtwang@
The really good news would be to announce that pig fat was used as the bullet lubricant!
October 26, 2015    boogurtwang@
speldrong7@ wrote:
.56 cents a round? Uncle Sam got worked over hard.
For such a bulk order, they sure did.
March 9, 2016    zanardi50@
You guys didn't read the FINE print. It's $0.56 Taiwan dollars (that's what the NT stands for), which roughly translates to $0.018 (under 2 cents) per round = $18.00 per thousand. Compare that to Wolf Gold .223 (also Made in Taiwan) going for $300 per 1k SRP here stateside sans shipping fee. I'd say Uncle Sam (i.e. us the taxpayers) got a heck of a deal and the losers were the taxpayers in Taiwan because I'm pretty certain their local gvt. subsidized for the loss in profits. FWIW
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