By John Lee.
Czech aviation company Aero Vodochody has reportedly agreed to sell 12 L-159 subsonic fighter jets to Iraq, but the package must still be approved by the governments of both countries.
Martin Danko, the broker for the deal, refused to reveal the price.
According to Associated Press, Iraq had initially agreed to buy 28 of the combat and training planes in a deal worth $1 billion in 2012. It was not immediately clear why the original deal fell apart.
Czech defense officials have been trying to sell the planes for years because the military has no use for them.
(Sources: Associated Press, Reuters)