The Philippine Air Force is buying a used C-130 formerly owned by the Tunisian Air Force for $38 million. The used C-130 had not flown for 15 years and had figured in an accident.
The bidding was done with specifications tailored to favor a Malaysian bidder. The C-130 Technical Coordination Group (TCG) of the PAF was not even consulted on the purchase. JUSMAG was also not consulted.
The $38 million price is reportedly overpriced by $8 million. Who hit the jackpot here? Why not buy a brand new C-130 which can be secured for $55 million? Or buy a used one still flying with the US Airforce for about $3 million?
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Topic: Who hit the jackpot here. (Read 879 times)