KARACHI: Pakistan Stock Exchange above the 98,000 mark on Friday as share prices surged more than 2,000 points in intraday trade
ISLAMABAD: Nigeria had inked a contract to purchase three JF-17 Block II fighter jets and the deal was formally set in motion in March 2019 when the Pakistani government's Economic Coordination Committee (ECC) approved a $184.3 million sovereign guarantee covering the delivery of three PAC/CAC JF-17 Thunder fighter jets to the Nigerian Air Force.
Block 2 JF-17A Thunder S. No. 2P-60 for the Nigerian Air Force undergoing flight tests over the Pakistan Aeronautical Complex (PAC). Two other aircraft for NAF, S. Nos. 2P-61 and 2P-62, are also undergoing flight tests. Nigerian pilots and maintenance crew have arrived in Pakistan for training. All three JF-17s will be handed over to NAF in November 2020.
The Nigerian JF-17 Block II’s price tag of approximately $60 million each include aircraft and an array of weapons including air-to-air and air-to-ground aircraft and guided munitions. The price tag of a Block 2 JF-17 is expected at US$40 million
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