ajunews Monday,11 December 2023

Malaysia signs $920 million deal to buy South Korean light jet fighters

By Kim Joo-heon Posted : February 24, 2023, 17:59 Updated : August 29, 2023, 11:07

[Courtesy of the Korea Aerospace Industries]

SEOUL -- Korea Aerospace Industries (KAI), South Korea's sole aircraft maker, has secured a deal worth $920 million (1.2 trillion won) to deliver 18 light fighter jets called "FA-50" to Malaysia starting in 2026.
 
KAI said in a press release February 24 that FA-50 was selected as the preferred bidder by Malaysia's defense ministry among six light fighters that include Russia's MIG-35, Turkey's Hurizet and India's Tejas. Malaysia has become the sixth Southeast Asian country to buy KAI's products, followed by Indonesia, the Philippines, and Thailand. The contract came five months after KAI struck a $3 billion deal with Poland in September to sell 48 FA-50s to the European country. 

KAI has so far signed deals to supply 222 aircraft including its supersonic trainer called "T-50" to other countries. Thailand signed a contract with KAI in 2019 to improve its electronic warfare system and radars of its T-50 fleet. The light fighter jet has been developed into aerobatic and combat variants just like FA-50. As of August 2021, 72 T-50s were delivered to countries including Indonesia and Iraq. 

© Aju Business Daily & www.ajunews.com Copyright: All materials on this site may not be reproduced, distributed, transmitted, displayed, published or broadcast without the authorization from the Aju News Corporation.

기사 이미지 확대 보기
닫기