Philippines Seeks Bids for 40 Multi-Role Fighter Aircraft

The Philippines has begun the process of acquiring 40 new multi-role fighter aircraft, with bidders required to present a financing package for installment payment. Defence Secretary Gilberto Teodoro did not specify which aircraft models are being considered.

The Philippines has launched a solicitation for bids to procure 40 new multi-role fighter aircraft, according to Defence Minister Gilberto Teodoro on Thursday.

During a congressional budget hearing, Teodoro indicated that bidders need to provide a proposed financing package, allowing for payment in installments. The specific models of aircraft under consideration were not disclosed.

The move marks a significant step in bolstering the country's defence capabilities amidst regional tensions.

(With inputs from agencies.)