KAI Wins $69 Million Logistics Deal to Support Philippine FA-50 Fleet

SEOUL, Feb. 6 (Korea Bizwire) – Korea Aerospace Industries (KAI) Ltd. said Friday it has secured a 101.4 billion-won (US$69.1 million) performance-based logistics (PBL) contract from the Philippines to provide long-term maintenance and logistics support for the FA-50PH fighter jets operated by the Philippine Air Force. Under the three-year contract, KAI will provide maintenance and [...]