Its a big risk to spend just for the sake of spending. UK has
the 3rd largest defence budget in the world and in a few years will
have a navy and air force smaller than Turkey with less stealth
a/c. Spent $8+ BILLION on a MRA-4 aircraft and finally had
zero-aircraft which ended up scrapped.
If Singapore spent $8 BILLION on nothing, it will have no
deterrence.
The key is not just more spending but efficient spending.
That means constantly re-examining sacred cows for effectiveness eg
NS, big ticket purchases. Procurement needs to be transparent. Any
leakages need to be plugged.
Lucky for SG, the current Government has had very many
multi-$$$$$$$$$ projects which have been very well executed.
That includes:
(a) Formidable frigate - lower personnel to run same sized
ships. Made in Singapore some more...
(b) F-15SG - highly effective 3rd gen a/c that unlike its
other competitors can still be relevant into the next gen.
(c) G-550 replacement - introduced with minimal risk and cost
unlike the highly problematic RAAF AEW program which was delayed
with massive cost-overrun. They started their procurement earlier
but we got ours earlier.
(d) S-70 helicopters. Australia had the massive S-2G
cancellation again due to cost-overrun and manufacturing
issues.
Other very cost-effective programmes with cheap 2nd hand
capabilities include
(i) Submarines - 2nd hand hulls but upgraded with 1st hand
weapons/electronics
(ii) Leopard 2 tanks - 2nd hand use but upgraded with 1st hand
weapons/armour
(iii) KC-135s - cheap 2nd hand tankers
A lot of other examples. Some very cheap programmes but highly
effective eg ACMS. All with a specific role that is highly
calculated to meet specific and clear defence needs.
The F-15 was not a good value for money purchase