Answer for late '30s is license built Curtiss Hawk-75. Poles just need to find the money, as Curtiss would be happy to sell. If China was able to build these, so could Poland
Usually, I will not utter a word against the Curtiss 75. However, there was no such thing as 'China was able to build Hawk 75s'.
Poles had no problems in making actual aircraft in the 1930s. Their problem was that, come ~1937, the only modern aircraft in production was PZL-37, a 2-engined bomber.
There is really no mayor obstacle for the Polish series production of an IAR.80 equivalent come 1938, alas than never happened.
A problem with the Mercury is that it peaks out at about 840hp at altitude. This is pretty good for a 24.9 liter engine but it is hard to improve very much.
IMO, Polish problem was that their fighters were of obsolete shape/layout.
We know that the Ki-27 with an engine that is of even lower power at altitude was faster by almost 80 km/h (50 mph) than the P.11g with the Mercury VIII. A 1000 HP engine on the P-24 (ie. 25% better power than what the best Ki-27 had) still produced a fighter that is slower than the best Ki-27, and by 40 km/h. In the same time, the similarly powered IAR.80 was 80-100 km/h faster than the P.24.
The MC.200 was even better performing than these fighters, even hough the engine on it was not better than the Mercury VIII.
Poland needs to but or build a factory for the American engines. It also has problem with Bristol 9 cylinder engines. They have a factory, but it is not a large one. Maybe they can go to 2/3 shifts ( I don't know if they were only running one shift). But they were only building a few dozen engines per month. The Poles were also trying to build Pegasus engines at the same factory at the same time in the same factory.
If the light bombers are removed from the purchase plans, the factory should not have problems in making extra Mercury engines so more fighters can be made.
It Appears that Poland purchased the G-R 14 engines used in some of the other aircraft.
IIRC Poles considered the Bristol radials as much more reliable engines than the G&R 14K, but they had no problems if the foreign customer wanted these.
In 1939 the Hercules was almost vapor ware. Not very many were actually available and the ones that were had a lot of problems. A Very good engine in 1941 and later but not any sort of solution for the Poles in 1938-39.
Agreed all the way.
In the same vein putting large orders for Hurricanes, Battles and MS.406s as early as possible would be good too, at least they might get some before the war, where every modern airframe counts.
Any Hurricane and MS.406 should've indeed be a boon to the Polish defenses.
Best Light Tanks in November 1938
Put the 'normal' turret on the early M2 and it should be very useful.