PH acquires 12 FA-50 fighter jets from South Korea for over $700M

The Philippine government, through the Department of National Defense (DND), has acquired 12 FA-50 Block 70 light combat aircraft from Korea Aerospace Industries Ltd. (KAI) of the Republic of Korea.

In a news release, the DND said the acquisition of fighter jets was part of the Armed Forces of the Philippines (AFP) modernization program for the Philippine Air Force (PAF).

The Defense Department said a Notice to Proceed was issued earlier this month, formalizing the fighter jet purchase contract valued at over $700 million. 

"The comprehensive package includes mission equipment, integrated logistics support, and a training and logistics information system," it said.

"The FA-50 Block 70 represents the latest evolution of the FA-50 platform, featuring advanced avionics, modern radar systems, and extended operational range. Its acquisition marks a significant enhancement to the country's air defense capabilities and aligns with the DND's Comprehensive Archipelagic Defense Concept," it added.

The delivery of the aircraft will be carried out in phases over the next five years, with full completion targeted by 2030, according to the Defense Department.

"The acquisition underscores the Philippine government's continued commitment to national defense and further strengthens bilateral defense cooperation with the Republic of Korea," the DND said. — VDV, GMA Integrated News