Ouch. $100 million USD is about the price of the F-35.
If its the latest F16 BLOCK 70/72 with AESA then it worth the amount BUT if a surplus second hand then we're screwed, we don't know which variant will be given, it cost a lot to refurbished and maintain a second hand surplus aircraft.
And by the way I see a lot of money changing hands, we are talking about huge amount of kickbacks for the 2025 election.
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According to sources familiar with the Philippine Air Force's plans to procure used F-16s from 3rd party countries, the announced offer for 24 Danish F-16AM/BM MLU Falcon fighters to Argentina is quite similar to the offer made to the Philippines.
24 units were offered although final numbers will be up to the Philippines, with some sources saying the PAF was actually looking at 28 units. The sale will be administered by the US Department of Defense and multi-year financing was also offered which would allow the DND and DBM to just release a small amount that it won't break the bank.
Additional costs will go for the acquisition of munitions, which in the Philippines' case would involve AIM-9X Sidewinders and AIM-120C7 AMRAAM similar to the offer made on new F-16 Block 70 Vipers, and most probably also for AGM-65G2 Maverick air-to-ground missiles and AGM-84 Harpoon anti-ship missiles.
The deal also includes spare parts which would be provided as part of US Foreign Military Financing, as well as training of PAF personnel.
It was also noted to us that this offer was far cheaper than Israel's offer to sell the F-16C/D Barak 2020 which is more than double the price. But what the Israelis were assuring is that the Barak 2020s are more capable and longer airframe life left than the Danish F-16AM/BM MLU Falcons.
The deal will be separate from the ongoing Multirole Fighter Acquisition Project which is now in contention between the F-16 Block 70 Viper, JAS-39 Gripen E, and others, as well as its own munitions component
In the end, its all tied up to waiting for the finalization of the new Government Procurement Law which not only speeds up procurement process but will also allow the acquisition of used but modern assets as long as it meets the law's parameters in terms of useable lifespan left.