Greece to Pay $1.6Bn for F-16 Upgrade - Hallo friend US WORD ARMY, In the article you read this time with the title Greece to Pay $1.6Bn for F-16 Upgrade, we have prepared well for this article you read and download the information therein. hopefully fill posts Items AIR FORCE, Items ARMY, Items INTELLIGENCE, Items NAVY, Items SPECIAL FORCES, we write this you can understand. Well, happy reading.

Loading...

Title : Greece to Pay $1.6Bn for F-16 Upgrade
link : Greece to Pay $1.6Bn for F-16 Upgrade

Greece to Pay $1.6Bn for F-16 Upgrade

The US is asking for 1.62 billion dollars to upgrade 85 F-16 fighter jets belonging to the Hellenic Air Force to F-16Vs or Block 70s, Kathimerini understands.

The price tag is significantly higher than the 1.1 billion dollars announced by the government and the prime minister in Parliament.

Sources close to the negotiations said the final price will probably be settled at 1.5 billion dollars (around 1.28 billion euros).

The letter of offer and acceptance sent by the US is valid until January 31, 2018.

Even though the deadline

Loading...

is not binding, both sides are eager to conclude the deal within this time frame.

According to reports, payments in 2018 will be covered by the air force budget, but there will be difficulties in 2019 when Greece will have to purchase the parts and equipment needed to complete the upgrade.

-ends-

Let's block ads! (Why?)

from Defense Aerospace - Press releases http://ift.tt/2kGB5lD
via Defense

thus Article Greece to Pay $1.6Bn for F-16 Upgrade

that is all articles Greece to Pay $1.6Bn for F-16 Upgrade This time, hopefully can provide benefits to all of you. Okay, see you in another article posting.

You now read the article Greece to Pay $1.6Bn for F-16 Upgradewith the link address https://uswordarmy.blogspot.com/2017/12/greece-to-pay-16bn-for-f-16-upgrade_18.html

Loading...

Tweet

Subscribe to receive free email updates: