The Czech Republic will buy 12 military helicopters from U.S. maker Bell in a deal priced at 14.5 billion crowns ($622 million), Defence Minister Lubomir Metnar said on Thursday. The Czech Republic, a NATO member, has pledged to raise defence spending to 1.4% of gross domestic product in 2021 and 2% by 2024, from 1.2% this year. The deal includes the utility Venom aircraft and the attack Viper aircraft, which share most of their parts.

source https://finance.yahoo.com/news/1-czechs-pick-bell-622-115554923.html?.tsrc=rss