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Terminated UH-1 deal spotlights risks in Philippines

Terminated UH-1 deal spotlights risks in Philippines

hen Robert Rice Jr. clinched a deal to sell secondhand military helicopters to the Philippines, it seemed like a golden opportunity to tap a new and potentially lucrative markets. See Full Story

Source: WSJ, 11-Aug-15

Philippine UH-1 contract goes to court, US supplier alleges extortion

Philippine UH-1 contract goes to court, US supplier alleges extortion

The US-based supplier for a P1.2 billion helicopter contract with the military has accused the whistleblower in the supposed anomalies in the deal of extortion, and alleged that whenever she failed to get what she wanted, she made things difficult for the company.See Full Story.

Source: Inquirer.net, 09-Jul-15

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Philippines halts contract for 21 Hueys

Philippines halts contract for 21 Hueys

The Philippines has terminated the contract to purchase 21 helicopters worth about P1.2 billion, a Palace official said Friday. See Full Story

Source: Manila Standard Today, 20-Apr-15