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Thailand approves $414 million budget for fighter jets upgrade

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BANGKOK (Reuters) - Thailand's cabinet has backed a plan to buy four fighter jets starting in the next fiscal year, an air force spokesman said on Wednesday, with a budget of 13.8 billion baht ($413.67 million) set aside for the procurement.

The approval follows a recent expression of interest by the air force chief, Air Chief Marshal Napadej Dhupatemiya, in procuring eight F-35 fighter jets from Lockheed Martin Corp of the United States.

Thailand's currently has 12 JAS-39 Gripen fighter jets made by Sweden's Saab and dozens of American F-16 and F-5 jets, some of which have been in operation since the late 1980s.

 

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