Apr 21, 2015

South Korea, Peru vow to cooperate in KAI T-50

President Park Geun-hye said Monday she agreed with her Peruvian counterpart Ollanta Humala on cooperation in Peru's trainer jet project, a move that could raise the prospect of a South Korean defense firm winning a lucrative deal.
The comments came as Korea Aerospace Industries Ltd., South Korea's sole aircraft manufacturer, is competing with foreign rivals to win a deal worth about US$1 billion for Peru's next-generation light attack aircraft.
KAI has offered its FA-50 supersonic jets.

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