Panama has agreed to purchase four A-29 Super Tucano fighter jets from the Brazilian company Embraer SA. The deal was first announced on March 11, 2025. Initially, the Ministry of Economy and Finance (MEF) was authorized to sign a financing contract for up to $30 million. However, the total price of the deal is now $76 million. It remains to be seen whether the financing will be approved. More details on this story are expected to follow.
Panama to Purchase Super Tucano Aircraft for $76 Million
Panama has agreed to purchase four A-29 Super Tucano fighter jets from Embraer SA. The initial financing was approved for up to $30 million, but the total deal value has risen to $76 million.