Under negotiation: IAI wants to overhaul Sri Lanka's Kfir fighters 

According to reports online, the deal will be made soon. Senior officers from the country's military were under American sanctions until recently

The commander of the Sri Lankan Air Force, Air Marshall Sudarshana Pathirana, announced that negotiations are taking place with Israel Aerospace Industries (IAI) for the overhaul and upgrade of five Kfir fighter planes of the Air Force of Sri Lanka. According to an assessment, the budget for the project is estimated at $49 million for upgrade of the planes. According to the report, the deal is supposed to be concluded this month.  

The Daily Mirror, published in Sri Lanka, reported that the country's Air Force is boosting its capabilities: acquiring transport planes in China, upgrading Kfir fighters in Israel, sending Antonov AN-32 transport planes to be overhauled and upgraded in Ukraine, sending a C-130 transport plane to be overhauled in Pakistan, and sending Russian MI-17 attack helicopters to be upgraded in Lithuania.   

IAI said the contract has yet to be signed.