News
Sunday, August 17, 2008
US releases $ 116m to finance F-16 upgrades
WASHINGTON: The United States has released $116 million to finance mid-life upgrades for Pakistan’s existing fleet of F-16 fighter planes. The US administration released the amount after the completion of necessary process for shifting funds from foreign military financing, already allocated for the anti-terrorism South Asian ally. US officials, commenting on the proposed re-allocation of funds last month, said jets upgrades would help enhance Pakistan’s counter-terrorism capability. app
Courtesy Daily Times