The 12-jet deal with South Korea is now on the pipeline, a Department of National Defense (DND) observer said on Wednesday.
The same made this statement in wake of President Benigno Aquino 3rd’s statement that it is impossible for the country to invest every cent of its money in acquiring fighter jets and modern weapons for the military.
“What President Aquino meant by that is acquiring of modern equipment for the military must be done at a scale that will not severely affect the national budget,” he stressed.
The DND earlier announced it expects to complete and release the contract for the South Korea aircraft by November of this year.
“Hopefully, the contract will come out this November and by 2014 or 2015 [at the latest], the aircraft will be delivered to us,” it stated.
The Philippines is in the market for 12 supersonic trainer aircraft which can double as interim fighter and attack planes for the PAF. It has allocated P18 billion for this program.
The Government Procurement Policy Board earlier gave the DND the “green-light” to start pre-negotiations with the South Korean government for 12 F/A 50 aircraft last January.
The plane is manufactured by the Korea Aerospace Industries (KAI). The F/A-50 is also known as the TA-50. PNA