Thai Air Force Eyes $538 Million Budget to Buy New Fighter Jets

The Lockheed Martin F-16 Block 70 fighter jet.

Source: Lockheed Martin

Thailand’s air force plans to seek about 19 billion baht ($538 million) from state budget to buy new fighter jets to replace its aging fleet.

The Royal Thai Air Force has set up a committee to consider buying either F-16 Block 70 made by Lockheed Martin Corp. or Gripen E from Sweden’s Saab, commander-in-chief Punpakdee Pattanakul said on Tuesday.