According to sources, a sum of 100 million dollars has also been released to the Pakistan Ordinance Factories Wah in connection with the up-gradation of its machinery.
Pakistan Aeronautical Complex (PAC) Kamra has accomplished the up-gradation of Cobra Helicopters presently under use of the army besides installing high tech system therein.
Pakistan will also import the modern helicopters from Turkey.
Ministry of Defence Production sources said as many as 42 JF-17 Thunder planes have been developed so far under joint venture with China.
Pakistan Air Force (PAF) has been assigned a target of exporting 5 to 7 JF-17 Thunder planes next year, and the discussions in this regard are under the way to Sri Lanka, Kuwait, Qatar and other friendly countries.
Ministry of Defense Production officials have expressed optimism that Pakistan would succeed in exporting these modern planes in the next year.
Sources said Heavy Industries Taxila has manufactured prototype of Buraq vehicle to defuse the land mines and remote control explosive material.
It has also been learnt that Pakistan is continuing the talk’s process with Turkey to acquire T 120 high techs helicopters from the latter.
Pakistan is also endeavoring to launch a joint venture with Turkey with reference to the manufacturing of these helicopters. If both the countries don’t agree over it then Pakistan will execute an agreement with Turkey to purchase these helicopters.
Sources said that PAC Kamra has refurbished several helicopters being used by Army Aviation.
Pakistan has acquired these helicopters from US and they have now been upgraded.
Modern technology has been installed therein while US voiced its concern over it.
On the other hand finance ministry has released 100 million dollars out of 200 million dollars to POF Wah for replacement and up-gradation of machinery.
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