Pakistan Defence Industry Plus Pro

JF-17 to Azerbaijan: Pakistan’s Biggest Defence Export Deal

On 06 June 2025, the Government of Pakistan announced that it finalized a landmark sale of 40 JF-17 Thunder multirole fighters to Azerbaijan in a deal valued at up to USD $4.6 billion.


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Due to the opaque nature of military deals in general, it is difficult to get verified pricing figures of other aircraft competing in the market, particularly the lightweight fighter segment.

In a loose sense, the JF-17’s primary market competitors could include the Saab JAS-39E/F Gripen, Korea Aerospace Industries (KAI) F/A-50 Golden Eagle, and the Hindustan Aeronautics Limited (HAL) Tejas.

The JAS-39E/F’s last export order was from Brazil, which was valued at USD $5.44 billion for 36 aircraft in 2014. The assumed ‘all-in’ price was, at that time, USD $154 million per unit, but also included offsets and transfer-of-technology for local production.

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Bilal Khan

Bilal Khan

Founder of Quwa, Bilal has been researching Pakistani defence industry and security issues for over 15 years. His work has been cited by Pakistan's National Defence University (NDU), the Council of Foreign Relations, Bulletin of Atomic Scientists, Centre of Airpower Studies and many others. He has a Hons. B.A in Political Science and Masters of Interntional Public Policy from Wilfrid Laurier University in Waterloo, Ontario, Canada.

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