JF-17 Lightweight multirole combat fighter platform was developed jointly by the Chengdu Aircraft Industry Corporation and the Pakistan Aeronautical Complex to produce a cost-effective, multi-faceted airframe using latest avionics and weapons packages specific to Pakistani Air Force requirements - essentially a "budget fighter" with modern capabilities.
The maiden flight of the JF-17 was completed in August 2003 and entered service in March 2007. The aircraft is designated as Joint Fighter-17 (JF-17 by Pakistan and as Fighter China-1 (FC-1) by China. The JF-17 / FC-1 is expected to cost around $15m-20m.
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