What are the Steps in the Procurement of a Stavatti Military Aircraft?
The steps associated with the procurement of a Stavatti military aircraft include: 1) The execution and delivery of a Letter of Intent (LOI) from a qualified customer for a specific number of Stavatti aircraft and any associated support equipment which may include Ground Based Training Systems (GBTS), Contractor Logistical Support (CLS), technical and training manuals, ground support equipment and spare parts. An LOI is a statement indicating that the customer (client nation) intends to enter into a binding contract for the procurement of a specified number of aircraft. The LOI must include information relating to the number, model and configuration which the customer wishes to procure, the address of the procurement body, a signature of a qualified purchasing representative of the procurement body and the address of the delivery destination of the aircraft. 2) Approval of the State Department-Directorate of Defense Trade Controls (DDTC) for the export and delivery of the said aircraft