03 January 2014

News story: (Philippines) DND may spend P4.5 B for fighter jet munitions


By Alexis Romero

MANILA, Philippines - The Department of National Defense is planning to spend about P4.5 billion to arm the 12 lead-in fighter trainer jets it is seeking to acquire from South Korea.

Defense department data show that the munitions for the fighter jets are not included in the aircraft acquisition program under the revised Armed Forces modernization law.

The acquisition of munitions for the fighter jets will be divided into four phases – P4.33 billion for the first two and P139 million for the other two.

Details of the items to be installed in the jets were not immediately available. Previous reports, however, said the aircraft being eyed can be armed with precision guided bombs and air-to-air and air-to-surface missiles.

Read the full story at The Philippine Star