Oct 28, 2013
Philippines buy 8 AW109 light attack helicopters
The helicopters may be delivered next year if the budget is released soon.
A letter of credit is a document that assures the winning bidder or supplier that the government will honor its financial obligations.
The Air Force would be getting eight 109 Power (109 P) attack helicopters with 0.50 caliber machine guns and rocket launchers.
The helicopters should be delivered within 540 calendar days from the opening of the letter of credit.