BR100 Increased By (0.07%)
BR30 Increased By (0.62%)
KSE100 Increased By (0.34%)
KSE30 Increased By (0.42%)
AGHA 6.44 Increased By ▲ 0.12 (1.9%)
BECO 4.35 Increased By ▲ 0.08 (1.87%)
BML 62.52 Increased By ▲ 0.07 (0.11%)
BOP 31.48 Increased By ▲ 0.25 (0.8%)
CNERGY 11.69 Increased By ▲ 0.10 (0.86%)
CSIL 5.87 Increased By ▲ 0.15 (2.62%)
FCCL 61.11 Decreased By ▼ -0.43 (-0.7%)
FFL 14.77 Decreased By ▼ -0.25 (-1.66%)
FNEL 1.22 Decreased By ▼ -0.01 (-0.81%)
KEL 6.31 Increased By ▲ 0.05 (0.8%)
KOSM 5.92 Increased By ▲ 0.36 (6.47%)
LOTCHEM 24.69 Increased By ▲ 0.01 (0.04%)
MLCF 104.10 Increased By ▲ 0.02 (0.02%)
NBP 173.20 Decreased By ▼ -2.08 (-1.19%)
NCPL 52.02 Decreased By ▼ -0.75 (-1.42%)
NPL 54.00 Decreased By ▼ -0.12 (-0.22%)
OGDC 317.45 Increased By ▲ 4.06 (1.3%)
PACE 9.21 Increased By ▲ 0.01 (0.11%)
PAEL 35.70 Decreased By ▼ -0.10 (-0.28%)
PIBTL 13.68 Increased By ▲ 0.21 (1.56%)
PPL 226.80 Increased By ▲ 4.99 (2.25%)
PRL 80.37 Increased By ▲ 1.29 (1.63%)
PTC 46.70 Decreased By ▼ -0.15 (-0.32%)
SSGC 23.81 Decreased By ▼ -0.06 (-0.25%)
TBL 9.23 Decreased By ▼ -0.08 (-0.86%)
TELE 7.51 Increased By ▲ 0.12 (1.62%)
TPL 24.70 Decreased By ▼ -0.41 (-1.63%)
TPLP 12.85 Increased By ▲ 0.34 (2.72%)
TREET 25.99 Decreased By ▼ -0.26 (-0.99%)
TRG 53.30 Decreased By ▼ -0.14 (-0.26%)

The United States has approved the sale of up to 12 F-35 fighter jets - one of the most advanced warplanes ever built - to Singapore for around $2.75 billion, officials said Friday. The city-state last year said it planned to buy four of the jets, with an option to purchase eight more, picking the Lockheed Martin model over rivals from Europe and China.

Despite its small size, Singapore has one of the region's best equipped armed forces and spends a large chunk of its national budget on defence.

The State Department had approved the jet sale, said the US Defense Security Cooperation Agency, adding Congress had been notified and must now also give the green light.

"Singapore is a strategic friend and major security cooperation partner and an important force for political stability and economic progress in the Asia-Pacific region," said the agency.

It added that the deal "will not alter the basic military balance in the region".

The affluent city-state spent several years assessing which fighter jet should replace its ageing fleet of F-16s before choosing the F-35s.

It is a supersonic plane whose advanced stealth characteristics allow pilots to avoid detection by radars, according to Lockheed Martin. Its advanced electronic warfare capabilities enable pilots to locate and track enemy forces, jam radars and disrupt attacks. The Singapore military also has F-15 fighter jets, Apache helicopters and submarines in its arsenal.

Copyright Agence France-Presse, 2020

Comments

Comments are closed for this article.