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Philippines Seeks to Boost Air Force with $7 Billion Fighter Jet Deal.

 The global market for fighter jets is heating up as the Philippines is poised to make a major purchase of 40 new aircraft from an international manufacturer. Valued at around $7 billion (approximately 6.3 billion euros), this contract is part of the country’s efforts to modernize its military. While Manila has previously shown interest in Saab’s Gripen fighter jets, the final decision remains open, with several major players in the aerospace industry competing for the deal.

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In addition to Saab, contenders include Eurofighter, Dassault Aviation, Lockheed Martin, Korea Aerospace Industries (KAI), and Turkish Aerospace Industries (TAI). Each of these companies is actively pursuing the Philippine contract, making their presence felt at the recent Asian Defense and Security Exhibition (ADAS) held in Manila from September 25 to 27, 2024. Notably, Dassault Aviation did not attend the event, despite its Rafale jet being in the running. Eurofighter, led by Leonardo for this campaign, showcased the Typhoon, one of the Rafale's primary competitors.

Saab presented a full-scale model of its Gripen E/F, reinforcing its commitment to winning this competition, having already made significant progress in talks with the Philippine government. Lockheed Martin offered its highly regarded F-16, while KAI presented its KF-21 Boramae, and TAI showcased its Hürkuş, Hürjet, and fifth-generation Kaan aircraft.

 The Philippines’ Multi-Role Fighter (MRF) program is aimed at bolstering its air defense capabilities in the face of increasing regional tensions. This program is expected to complement the Philippine Air Force’s current fleet of FA-50PH light combat aircraft, supplied by KAI, and bring in more advanced multirole fighters for enhanced operational readiness.

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