According to the Serbian Prime Minister Aleksandar Vucic, significant financial assets will be allocated to acquire fighter jets in 2017. He went on to describe the status of the current fighter jets at the disposal of the Serbian Air Force as “alarming”.
Vucic added that Mikoyan MiG-29M2 is the most likely candidate to replace the older Mig-29 jets.
Although no dates or numbers were mentioned, the Prime Minister did note that the market value of four MiG-29M2 and associated R77 missiles is expected to be €250-260 million.
Serbia currently has four older MiG-29s, three single-seaters and one two-seater variant in its inventory. Three of which are operational at any given time. Funds of €5 million were secured last year for urgent spares and equipment to support the fleet.
The MiG-29M2 is a revision of the basic MiG-29 with more robust multi-role capability and enhanced use of air-to-air and air-to-ground high-precision weapons. It also features considerably increased combat range due to an increase in its internal fuel capacity.