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Thursday, April 05, 2012

Italy's Alenia seeks to supply DND up to P6.87-B worth of aircraft

[M-346 advanced jet trainer]Italy's Alenia Aermacchi S.p.A. is offering the Department of National Defense four to six units of its €20-million apiece M-346 surface attack plane, the firm’s local partner, Aerotech Industries told GMA News Online.

Aerotech Industries chief operating officer Tess Parian said the P1.14 billion price tag on each M-346 “could still change depending on the requirements or specifications the Philippine Air Force may provide later.”

The four-to-six-unit package would cost about P4.58 billion to P6.87 billion at the current exchange rat of P57.28:€1.

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