SEOUL: Korea Aerospace Industries (KAI) signed a $240 million contract with the Indonesian Ministry of Defence to provide additional six T-50i trainer aircraft.
The contract also includes operational supports on the T-50i jets from Dec 16, 2021 to Oct 30, 2024, KAI said in a statement. The contract period will be confirmed once the company receives advanced payment.
KAI previously supplied the Indonesian Air Force (TNI-AU) with 16 T-50i jets in May 2011. It also provided upgrades for the jets with radars and machine guns in November 2018.
The T-50 is Korea’s first indigenous supersonic aircraft developed by KAI for the nation’s air force. It is designed for providing pilot training as well as engaging in light combat missions.
KAI has exported a total of 154 trainer jets worth $3.1 billion — 70 T-50 advanced trainer jets worth $2.6 billion and 84 KT-1 basic trainer jets worth $700 million — to countries such as Indonesia, Iraq, Thailand, Turkey, Peru and the Philippines since 1999. –shp/adj/aaa (Photo: KAI)