Search This Blog

Tuesday, December 03, 2013

'Major issues' with South Korea delay PH fighter jets

T-50 Golden EagleThe P18.9-billion government-to-government contract for 12 FA-50 fighter jets is supposed to be a done deal with the Korean Aerospace Industry (KAI), especially after President Benigno Aquino III visited the country in October to sign a Memorandum of Understanding (MOU) on defense cooperation.

But there are major issues that now put the contract in limbo. Defense Undersecretary for Finance Fernando Manalo said they will know "within the year" if the contract will still push through or not.

"The lead-in fighter is within the process of negotiation with the government of South Korea and there are major issues that we still have to hurdle. The negotiation is not over," Manalo said on Monday, December 2.

Read more
om

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.