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Fighter lease option?
Topic Started: Feb 2 2007, 10:29 PM (2,790 Views)
pilok2007
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I am not fond on the idea of leasing and financing. For reasons that these equipments are high risk assets that could be lost anytime. the value of these assets never goes up like in real state. beside the interest rate is high that I estimate it will cost us 2-3x the actual cost. what if we lease a multimillion dollar aircraft then it crush or been shot down during an encounter, the consequence will be that we will have to pay the whole piece for the next 20-30yrs and still having no aircraft.
although there is obvious needs to acquire this fighters for national security, I would still prefer to wait and acquire it thru traditional means I.E. save save and save more money until it is enough to buy one.
The AFP has other necessities that are more important to be filled. :armyhuh:
“NEVER WAS SO MUCH OWED BY SO MANY TO SO FEW” Prime Minister Winston Churchill
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pilok2007
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cost of different 4th generation fighter

Dassault Rafale More than €50m, depending on export sales
Eurofighter Typhoon Austrian version: '03 €62m
Mitsubishi F-2 US$ 100m
MiG-29 about '98 US$ 27m
MiG-35 '07 US$ 70m
Sukhoi Su-27US$ 24m
Sukhoi Su-30 US$ ~38m (Several variants)
Sukhoi Su-30K for Indonesia: '98 US$ 33m
Sukhoi Su-30MKK/MK2 for China: '98 US$ 38m
Sukhoi Su-30MKI for India, highly specified version: '98 US$ 45m
Sukhoi Su-30MKM for Malaysia, a variant of the Indian version: '03 US$ 50m
Saab Gripen about '98 US$ 25m
Ching Kuo IDF (Taiwan) initially large order put cost per unit at US$ 24m
F-14 Tomcat '98 US$ 48m
F-15 Eagle '98 US$ 43m
F-16 Fighting Falcon late models about '98 US$ 25m
F/A-18 Hornet E/F model '98 US$ 60m
F-22 Raptor Fly away unit cost is about US$ 120m
F-35 Lightning II:
F-35A US$ 45m
F-35B > US$ 100m '06
F-35C US$ 55m

source:

http://en.wikipedia.org/wiki/Comparison_of...ighter_aircraft
“NEVER WAS SO MUCH OWED BY SO MANY TO SO FEW” Prime Minister Winston Churchill
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pilok2007
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I found some data about leasing from opus 224

The New Zealand F-16 deal was a bargain that would probably never come up again. It was for the 28 practically new Block 15 F-16 A/Bs (with Operational Capability Upgrade) ordered and paid for by Pakistan but which were subsequently embargoed. The lease was for two 5-year periods for US$63 million with a one-time reactivation package costing US$115 million. At the end of the ten-year period, New Zealand had the option of buying the aircraft for US$142 million. The total package cost would be $320 million, based on exchange rates at the time details were released.

320 million for 28 block a/b F-16 fighter is not a bad deal afterall....

wait let do some math

reactivation fee $115m
5 yr lease $ 63m
2nd 5 year lease $ 63m
option to buy after 10 yrs $ 142m

total $ 383m

total unit cost= 383/28= 13.7 million /unit

based on 1998 dollar value

it looks affordable although it is of older version F-16

newer block cost $25m from above post. again based on 1998 dollar value

light on the pocket too. not a bad deal actually. too bad we didnt got that one


source: http://www.timawa.net/modernization-paf.htm

“NEVER WAS SO MUCH OWED BY SO MANY TO SO FEW” Prime Minister Winston Churchill
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Chowking
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lease JAS 39 gripen have been leased by several countries

but also it has a lot of american stuff in it

second hand ones cost cheaper
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Frenzy
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Military hopes to secure affordable terms on US equipment lease

MANILA, Philippines - The military is hopeful of securing friendly and affordable terms on the lease of US defense equipment as it moves to boost its capability in securing the country’s maritime borders.

Armed Forces of the Philippines (AFP) spokesman Commodore Miguel Rodriguez said they are looking forward to friendly lease terms since the US has been a long-time ally of the country.

“I think the term they used there is affordable. Otherwise, if we cannot afford it, it will not happen,” Rodriguez said in a press briefing yesterday.

The cost involved in the lease proposal would depend on the military equipment to be acquired, Rodriguez said.

Rodriguez said the payment for the lease of equipment might be stretched over a long time to make it affordable.

He noted that the military now has a multi-year obligation authority, which allows it to enter into multi-year contracts.

Rodriguez said leasing military equipment has advantages as this would not require much maintenance costs.

http://www.philstar.com/Article.aspx?artic...ubCategoryId=63
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spearhead
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DoctorNO, Your Neutral Observer.
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^^I dont even know why it seems like they just learned about this operational leasing scheme recently after all these years. Ganun na ba talaga kaengot sila?

I even wonder what if the chinese never conducted any flyby's around spratlys, will these filipino soldiers still be rushing to acquire new military assets? Talga naman.... many thanks to china, baka pa nga request lang pala ito nila PGMA nun para mapilitan ang administration na ito na madaliin ang AFP modernization. Haay buhaay...
"Men of War must learn the art of numbers or he will not know how to array his troops." - Plato

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boxster
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The truth is PGMA is partly responsible why our external defense capbility is in it current sorry state.. She had 9 years to at least provide us a credible deterrent.. But unfotunately because of the massive corruption in her administration there waa no true modernization to speak of.. Remember it was during her time that our last f-5s were decomissioned with no proper replacements.. Kfirs were offered to us in 2004 but again because of lack of interest nothing ushed thru.. 2004 was also the year PGMA sold our territories to the chinese by agreeing on a joint exploration of recto bank and also numerous deals with the chinese were being pushed no matter how dirty the deal was. You have to thank the Pnoy aministration for his political will to make the afp modernization possible by sourcing funds from the malampaya oil fields.. Pnoy is the only president who has a strong commitment to upgrde our external defense.. Give the credit where it is due.. Not to those damn chicoms, not to the afp and definitely not to the corrup pgma and her cohorts
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adrian_yamato
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boxster
Jul 7 2011, 10:50 PM
The truth is PGMA is partly responsible why our external defense capbility is in it current sorry state.. She had 9 years to at least provide us a credible deterrent.. But unfotunately because of the massive corruption in her administration there waa no true modernization to speak of.. Remember it was during her time that our last f-5s were decomissioned with no proper replacements.. Kfirs were offered to us in 2004 but again because of lack of interest nothing ushed thru.. 2004 was also the year PGMA sold our territories to the chinese by agreeing on a joint exploration of recto bank and also numerous deals with the chinese were being pushed no matter how dirty the deal was. You have to thank the Pnoy aministration for his political will to make the afp modernization possible by sourcing funds from the malampaya oil fields.. Pnoy is the only president who has a strong commitment to upgrde our external defense.. Give the credit where it is due.. Not to those damn chicoms, not to the afp and definitely not to the corrup pgma and her cohorts

PGMA sold our claim? how can you be so sure? I'm not pro GMA, but, let's make sure about that so called sold out ? before we accused anyone, because it will be unfair to the other side, maybe she's not the one but, Rep. Joe de V. :nono:
"There's only one Government, one Armed Forces, one Contitution, & one Filipino people"

-word of then Gen. Angelo T. Reyes during the Mindanao war against the MILF & Abu Sayaff-

"The Army is like a cooked Spaggetti, You can't push it, you have to pull it after you"

-Gen George S. Patton-
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boxster
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dont you read the news? It was even explained and talked about on this forum and the other forum on some thread as early as 2006, with regards to how the joint oil exploration with china and vietnaam was signed amidst the controversy the she could be impeached for allowing other countries to exploit the recto bank which is not part of the disputed spratlys..anyway.. i dont want to argue with you regarding this matter..everyone is entitlled to his opinion anyway..By the way i always do my research either through print and cyberspace or my personal contacts with people who knows the ins and outs of the military before i even post my comment.. peace
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adrian_yamato
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boxster
Jul 9 2011, 10:03 PM
dont you read the news? It was even explained and talked about on this forum and the other forum on some thread as early as 2006, with regards to how the joint oil exploration with china and vietnaam was signed amidst the controversy the she could be impeached for allowing other countries to exploit the recto bank which is not part of the disputed spratlys..anyway.. i dont want to argue with you regarding this matter..everyone is entitlled to his opinion anyway..By the way i always do my research either through print and cyberspace or my personal contacts with people who knows the ins and outs of the military before i even post my comment.. peace

Me either, it's hard to argue with a friend in the forum :salute:
"There's only one Government, one Armed Forces, one Contitution, & one Filipino people"

-word of then Gen. Angelo T. Reyes during the Mindanao war against the MILF & Abu Sayaff-

"The Army is like a cooked Spaggetti, You can't push it, you have to pull it after you"

-Gen George S. Patton-
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