Philippine Air Force FA-50 jets having P4.47 billion worth ammunition

From Ang Malaya (Oct 23): Philippine Air Force FA-50 jets having P4.47 billion worth ammunition

The government is allocating PhP4.47 billion for the ammunition of ordered twelve Philippine Air Force FA-50 lead-in fighter trainer jets from South Korea, this is according to Presidential Communications Secretary Coloma’s October 22 statement.

“We are looking at the early delivery of two FA-50s. They will be combat and mission ready upon their arrival this December,” Department of National Defense Undersecretary for Finance, Modernization and Materiel Fernando Manalo previously said.

Secretary Coloma’s remarks was made in light of recent report that the country’s military ranks sixth in the list of the world’s worst armies. The ranking was based on an online article posted by “We Are The Mighty,” a group of former American soldiers who turned to the Internet to provide information to US servicemen.

Coloma added that two navy frigates worth P18 billion, three air surveillance radars worth P2.68 billion, six close air support aircraft worth P4.97 billion, two units of long-range patrol aircraft worth P5.98 billion, multipurpose attack craft project worth P864.32 million, night fighting system worth P1.116 billion, two C-130 aircraft worth P1.6 billion and two naval helicopters worth P5.4 billion were also among the big ticket items in the Armed Forces of the Philippines modernization.

He also noted that 56 projects under the AFP modernization program have been completed, compared to only 45 under the previous administrations.

http://www.angmalaya.net/nation/2015/10/23/14477-philippine-air-force-fa-50-jets-having-p4-47-billion-worth-ammunition