Pakistan has been years without a buyer for its first home-made jet, which was designed with the help of close ally China.
Commodore Syed Muhammad Ali, spokesman for the Pakistan Air Force, confirmed an order for the plane had been finalised.
However, he declined to give any more details, citing sensitivities for not naming the client, the number of aircraft or the date of delivery.
The latest model, which is capable of Mach 2.0 (twice the speed of sound) with an operational ceiling of 55,000 feet, roared over the crowds on the first day of the Paris Air Show soon after the confirmation.
Pakistan's large and well-funded military has long been a major importer of defence equipment, particularly from China.
But Pakistan is hoping the updated JF-17, along with Pakistani-made tanks and surveillance drones, will help increase military exports and bring in much-needed foreign exchange.
Analysts say the plane's design and construction has generally been a success, and it has been promoted primarily on cost, which is likely to be substantially less than the USD 16-18 million pricetag of a US-made F-16.
However, a number of factors have prevented it from finding buyers.
"Any country entering the defence market will find it's very, very crowded," said James Hardy, Asia-Pacific editor for IHS Jane's Defence Weekly in London.
"No one has a bad word to say about the JF-17. It's very good at what it's designed to do -- as a low-cost, multi-role aircraft. But there are obstacles."
Some of those are political and logistical.
NATO countries are not keen to buy a plane that won't work easily alongside jets from its US and European allies. That may be why a mooted deal with Bulgaria has failed to make progress.
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