Stop-gap measure: PH signs $700-M deal with South Korea for a squadron of FA-50s
The Philippines has signed a $700-million deal with the Korean Aerospace Industries (KAI) for 12 FA-50 aircraft to boost the country’s air defense capability.
The Philippines has signed a $700-million deal with the Korean Aerospace Industries (KAI) for 12 FA-50 aircraft to boost the country’s air defense capability.
The Philippines would be heavily burdened by paying back loans to acquire $5.6 billion worth of F-16s, making Manila more dependent on Washington.