South Korea to Invest in Aircraft Development and Production

by: Matthew Potter
December 30, 2008

Category: BNET | RSS 2.0

The Korea Times reports that the South Korean government awarded Korea Aerospace Industries (KAI) a contract to begin converting the T-50 trainer into a light attack aircraft. The contract is worth about $31 million U.S. The T-50 trainer is a joint development with Lockheed Martin. The new FA-50 aircraft will replace aging […]

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