The South Korean defense ministry has ensured production of the Korea Aerospace Industries (KAI) T-50 series until at least 2016 by ordering about 40 of the type’s light-attack variant, the FA-50. The ministry’s Defense Acquisition Program Administration has given KAI a 1.1 trillion won ($1.01 billion) contract for FA-50 production, the company says. It does not disclose the number of aircraft covered by the contract, but an industry official says it is “about 40.” While any aircraft ...
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