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PADC meaning in Business ?

Answer» What is Philippine Aerospace Development Corporation mean?

The Philippine Aerospace Development Corporation (PADC) is a state-owned aerospace and defense technological development corporation integrated to the Department of National Defense through Executive No. 78 s. 2019. As of 2021, PADC is under organizational realignment with the country's Department of National Defense's and National Security Council's highly classified plans and programs, including but not limited to its vital function as the epicenter for the implementation of Presidential Decree No. 415 s. 1974 and as amended by Presidential Decree No. 1081 s. 1977. PADC shall again, be one of the conduits of the continuous process of Republic Act No. 10349 s. 2012. PADC is the catalyst in the creation and implementation of Presidential Decree No. 1570 s. 1978.

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