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For example (my numbers might be wrong)..
I've noticed some of the more advanced MiG-21 upgrades, such as the Lancer or the Bison costs around 5-10 million per aircraft
I believe Thailand's recent F-5 upgrades with Elbit also put it around the 10-20 million price per aircraft
while a used F-16 seems to hover around 20-40 million depending on variant.
at which point would it be more feasible to purchase a new cheap type (say FC-1, FA-50) o ra used 4th gen aircraft
over extensively upgrading 2nd or 3rd gen aircraft.?
I've noticed some of the more advanced MiG-21 upgrades, such as the Lancer or the Bison costs around 5-10 million per aircraft
I believe Thailand's recent F-5 upgrades with Elbit also put it around the 10-20 million price per aircraft
while a used F-16 seems to hover around 20-40 million depending on variant.
at which point would it be more feasible to purchase a new cheap type (say FC-1, FA-50) o ra used 4th gen aircraft
over extensively upgrading 2nd or 3rd gen aircraft.?