30 Jun '14, 8am

Philippines issues release order for FA-50 purchase from South Korea

Philippines issues release order for FA-50 purchase from South Korea

Philippines issues release order for FA-50 purchase from South Korea 30 June 2014 Print Email The Philippines Department of Budget and Management (DBM) has issued special allotment release order (SARO) for the purchase of 12 FA-50 lead-in fighter trainer aircraft from South Korea. The release of the order allows the national defence secretary to issue the notice to proceed with the purchase of the aircraft. Philippines defense undersecretary Fernando Manalo was quoted by The Star as saying: "The NTP, once received and concurred with by the supplier, will be the start of the contract implementation." Korea Aerospace Industries (KAI) received a $420m contract from the Philippines Government in March 2014 to supply 12 FA-50A multi-purpose fighters to the Philippine Air Force (PAF). "Korea Aerospace Industries received a $420m contract from the Philippines Government in March ...

Full article: http://www.airforce-technology.com/news/newsphilippines-i...

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