Arulmozhi Varman
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I have a suggestion way out of left field ...
Why doesn't Bangladesh co-invest in Turkey's Hürjet?
It looks like the BAF's goal is to get a good mainstay multi-role combat aircraft. Well, with a F404/EJ200-class engine, 7 hardpoints and payload of 3,000 kg, the Hürjet has all the technical specs of a lightweight fighter.
Moreover, the Turks are developing a turn-key solution, i.e., AESA radar, AESA-based EW/ECM, next-gen HMI, air-to-air weapons, stand-off weapons, precision-guided weapons, etc. You will not have to worry about third-party weapon suppliers.
With a requirement for 8-10 squadrons, the BAF will shore up the numbers to justify local co-production, and TAI might even co-invest in that capacity (a solid capital injection in BD's aerospace industry). It could very well be your own JF-17 program, but with a a much more advanced platform as a starting point.
Hurjet is in the league of Tejas/FA50 and it's not even in production yet nor flight tested while the other two are in production. Why should BD invest in a project in which Turkey is already late in? LCA's can not be mainstay of any major Airforce.