16 January 2014

News Story: Spanish firm eligible to bid for P5.3-B aircraft deal


By Alexis Romero

MANILA, Philippines - A Spanish firm has been declared the only eligible bidder for the supply of three new Air Force medium lift fixed-wing aircraft worth P5.3 billion.

EADS/CASA-Airbus Military was the only one to meet the defense department’s technical and financial requirements during yesterday’s bidding in Camp Aguinaldo.

It offered to supply the aircraft for P5,288,609,983.99, lower than the P5.3-billion approved budget for the project.

The Spanish company plans to deliver C-295 planes  described by the Airbus website as “the most capable and versatile transport and surveillance aircraft.”

Airbus said the air assets can carry up to nine tons of payload or up to 71 personnel, at a maximum cruise speed of 260 kt or 480 km/h.

Read the full story at The Philippine Star