To beef up the security capabilities of the Armed Forces of the Philippines, the Department of National Defense (DND) is finalizing the Terms of Reference (TOR) for the acquisition of 12 fighter jets from South Korea.
DND Undersecretary Fernando said that the acquisition of fighter jets remains a priority. He also said that the TOR for the acquisition of 12 FA-50 fighter jets may be completed in a month.
The TOR provides the details of acquisition to include the fighter jets technical features, price, payment scheme, and the time frame for the delivery of said equipment.
Security officials are currently going through the details of acquisition, and likewise the government is hoping that negotiations with South Korea will begin soon.
The government has allocated P18 billion for the acquisition of said fighter jets to beef up the capability of the Philippine Air Force.
Meanwhile, DND chief Voltaire Gazmin also ordered to fast track the acquisition of 21 UH-I Huey helicopters which costs P1.26 billion.
Gazmin hoped that the procurement of the 21 helicopters will be completed in July.
Source : Pia
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