Armscor CEO passes away

MANILA, Philippines — Martin Tuason, chairman/president and CEO of Marikina-based Armscor Global Defense Inc. (AGDI), which is now the largest privately owned producer of firearms and ammunition in Southeast Asia, passed away last week, the company said in a statement.

Under his guidance, Armscor reached significant milestones and strengthened its standing in both the commercial and defense industries. A deeply patriotic leader, Martin carried an enduring pride for the Philippines and dedicated his work to strengthening the nation’s capability, reputation and global presence.

His vision, exemplary leadership, unwavering integrity and steadfast commitment to excellence elevated the company into a world-class institution.

Beyond his a responsibilities, Martin was deeply dedicated to philanthropic work. Through Armscor’s Bigay Awa at Tanglaw sa mga Anghel (BATA) Foundation in Marikina, he provided shelter, education and support for underprivileged girls. He was known for his generosity, particularly toward employees, and for his genuine care for the communities the company serves.

A staunch supporter of the Self-Reliant Defense Posture (SRDP) program, Martin successfully advocated for the passage of the SRDP Revitalization Act (Republic Act 12024) aimed at strengthening the country’s defense industry, lessening the country’s dependence on foreign suppliers and empowering local companies.

In accordance with the company’s established succession and continuity plan, deputy CEO Gina Marie Angangco will assume leadership of AGDI. Together with the executive management team, she will ensure operational continuity and uphold the strategic course Martin set for the organization.