Philippines seeks 40 multi-role fighter jets for $33.64bn military acquisition plan "Re-Horizon 3".

The Philippines is soliciting offers for 40 multi-role fighter jets to strengthen its defense capabilities, Defense Minister Gilberto Teodoro announced. Bidders are required to propose a flexible financing package. The acquisition aims to bolster the country's ability to protect its territory and is part of the $33.64 billion military acquisition plan, "Re-Horizon 3," approved by President Ferdinand Marcos Jr.

August 29, 2024
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