KAI Inks US$700 mln Deal to Export FA-50 Aircraft to Manila
SEOUL, June 4 (Korea Bizwire) — South Korean defense firm Korea Aerospace Industries Ltd. (KAI) has signed a deal with the Philippine defense ministry to export 12 FA-50 light attack fighters, the state arms procurement agency said Wednesday. The US$700 million deal signed on Tuesday marks the second round of FA-50 exports to Manila, following [...]