Pakistan approves Nigerian JF-17 production

[Dubious]

Air Platforms
Pakistan approves Nigerian JF-17 production
Jeremy Binnie, London - IHS Jane's Defence Weekly
25 October 2018


The Pakistani government’s Economic Coordination Committee (ECC) has approved a USD184.3 million sovereign guarantee covering the production of three PAC/CAC JF-17 Thunder fighters for Nigeria under a recently signed contract, the Pakistan Express Tribune reported on 24 October.

This is the first confirmation from Pakistan that Abuja has signed a contract for the JF-17, although payments totalling NGN19.7 billion (USD54 billion) were put aside for the aircraft in Nigeria’s 2016 and 2018 budgets.


https://www.janes.com/article/84043/pakistan-approves-nigerian-jf-17-production

 

[YeBeWarned]

Next year , It will be Malaysia and Azerbaijan Air forces flying thunder Block 3 , Inshallah

 

[Hakikat ve Hikmet]

But when it comes to bein' loved, she's first
That's how I know
The first cut is the deepest, baby I know
The first cut is the deepest
- Cat Stevens (Yusuf Islam) lyrics from The first cut is the deepest

Tebrik-ler.....

 

[maximuswarrior]

Congrats folks. This is huge.

 

[Dubious]

ECC okays sale of JF-17 to Nigeria for $184.3m


By Zafar Bhutta
Published: October 24, 2018

In this file photo, a JF-17 Thunder fighter jet of the Pakistan Air Force takes off from Mushaf base in Sargodha, north Pakistan, on June 7, 2013. PHOTO: REUTERS

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved the issuance of a certificate of sovereign guarantee for the sale of three JF-17 aircraft to Nigerian Air Force against a sum of $184.3 million, to support the declining foreign exchange reserves.

The Ministry of Defence Production had tabled a summary before the ECC which approved the issuance of a certificate of sovereign guarantee to show commitment for the provision of the aforementioned aircraft to Nigerian Air Force, in line with a contract signed between the two sides recently.

Officials familiar with the development told The Express Tribune that the Ministry of Defence Production informed the ECC that the Pakistan Aeronautical Complex (PAC) was continuing its role as Repair Overhaul Organisation (ROO) for technical operation support of the Pakistan Air Force (PAF).

The ministry further informed the economic decision-making committee that the PAC Kamra had signed a contract for the sale of three JF-17 aircraft and associated package to Nigerian Air Force.

According to Article 6.1 of the contract, PAC Kamra shall present the sovereign bank guarantee from the Government of Pakistan prior to the release of payment by Nigeria. No bank loan or credit financing is involved in this case, the ECC was told.

The ministry told the ECC that the Nigerian authorities had been informed that the Government of Pakistan would issue a certificate of sovereign guarantee rather than a certificate of sovereign bank guarantee, and the Nigerians had agreed to it.

The guarantee referred here is the surety from the Government of Pakistan that contracted products and related equipment would be provided to the purchaser by the PAC Kamra. A draft of the requisite guarantee acceptable to the purchaser is also required concurrently.

The Finance Division has no objection to the issuance of a certificate of sovereign guarantee subject to the approval by the ECC and completion of all codal formalities.

https://tribune.com.pk/story/1832482/2-ecc-okays-sale-jf-17-nigeria-184-3m/

 

[Hakikat ve Hikmet]

Next year , It will be Malaysia and Azerbaijan Air forces flying thunder Block 3 , Inshallah

When Allah-u Azimushshan opens a door it can't be closed, when HE closes a door it can't be opened...

 

[Dubious]

I am a little confused is it selling or production? Or is it 2 separate things?

 

[HRK]

I am a little confused is it selling or production? Or is it 2 separate things?

Pakistan Aeronautic Complex (PAC) is a place where JF-17 are produced and Nigeria purchasing these from the Pakistan Air force (PAF) who is the joint owner of JF-17 program along with Chinese CATIC.

 

[flameboard]

I am a little confused is it selling or production? Or is it 2 separate things?

both it will produce them and so it's selling the one it will make

 

[Dubious]

Pakistan Aeronautic Complex (PAC) is a place where JF-17 are produced and Nigeria purchasing these from the Pakistan Air force (PAF) who is the joint owner of JF-17 program along with Chinese CATIC.

both it will produce them and so it's selling the one it will make

Thanks for clarifying ...I am sleepy cant sleep coz the dishwasher is bloody noisy so I am just posting what I see and trying to make sense of it (not working AT ALL)

 

[WarKa DaNG]

$184 million, that's $61.3 million per plane.
wasn't the price kept at $30 million or spares, logistics, training etc are also involved

although payments totalling NGN19.7 billion (USD54 billion) were put aside for the aircraft in Nigeria’s 2016 and 2018 budgets.

Someone please clarify it?

 

[PDF]

PAC Kamra had signed a contract for the sale of three JF-17 aircraft and associated package to Nigerian Air Force.

Someone please clarify it?

 

[Imran Khan]

3 will take 2 months I think to be ready

 

[YeBeWarned]

time to kick some Boko Haram arse...

 

[khanasifm]

Looks like 2018-2019 gap between block 2 (batch of 50) and block 3 will keep production line at pac/cac to deliver 12 additional block 2 to paf, 3 to naf and remaining 10 or so maf order i.e total 25 or so
block 3 is expected in 2019/2020 ????

lets see if Malaya, Azhri and other orders materialize in next months /years