Philippines seeks offers in procurement of 40 multi-role fighter jets


FA-50 fighter jets purchased from South Korea in 2016. - Reuters

MANILA: The Philippines has started soliciting offers as it plans to procure 40 new multi-role fighter aircraft to boost its territorial defence, the defence minister said on Thursday (Aug 29).

Bidders must submit a proposed financing package where payment can be spread out, Defence Secretary Gilberto Teodoro told a congressional budget hearing.

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