The first hint that the Philippine Army was seriously looking into acquiring RPGs was reported in the 2008 AFP Modernization report, by way of the following table in the document.
Copies of the September 2010 edition of the Capability Upgrade Program (CUP) status report that circulated in the latter half of this year made mention of the acquisition and described it as being in an advanced stage of the process. During the 114th Anniversary of the Philippine Army, LGEN Arturo Ortiz revealed that an acquisition of 335 units of rocket launchers were indeed being acquired. Subsequent inquiries with Timawans in the service then confirmed that this announcement did in fact refer to the RPGs revealed in the 2008 report.
Airtronic USA, Inc. was selected to supply 400 US-made RPG7 rocket launchers, and associated 40mm rockets, as part of a Foreign Military Sale (FMS) deal. While components of this deal have reportedly been delivered, reportedly difficulties with the source company has impeded progress of this acquisition.