Filtered By: Topstories
News

Philippines keeps P12.7-billion chopper deal with Russia despite Ukraine conflict


The Philippines will proceed with the acquisition of 17 helicopters from Russia despite the latter's conflict with Ukraine, the Department of National Defense (DND) said.

In a statement, DND Secretary Delfin Lorenzana said the deal and initial payment for the project were made even before the start of the crisis in Ukraine.

The contract price for the 17 helicopters is P12.7 billion. The delivery is expected in two years.

“The contract and the initial payment for the Mi-17 heavy lift helicopter acquisition project were completed before the crisis in Ukraine erupted,” he said.

“We are upholding our contractual obligations, and are taking note of the circumstances that may affect the project,” he added.

Some countries have imposed sanctions while several companies have boycotted Russia after it invaded Ukraine.

Lorenzana said the fulfillment of the compliances and deliverables under the contract would depend on Russia.

In a message to reporters on Wednesday, Lorenzana had said the contract was signed in November 2021 and the down payment was made last January 2022.

“We hope the Ukraine  crisis is resolved soon,” he said. —LDF/KG, GMA News