South Korean aircraft manufacturer Korea Aerospace Industries (KAI) announced that it has won a $920 million aircraft tender from Malaysia.
South Korean Korea Aerospace Industries has signed another aircraft deal.
Korea Aerospace Industries (KAI), South Korea’s sole aircraft manufacturer, announced today that it has won a $920 million aircraft deal from Malaysia.
According to Yonhap News Agency, the Malaysian army will purchase 18 FA-50 light attack aircraft from Korea Aerospace Industries. The delivery of the aircraft will begin in 2026.
According to the statement made by the company, India, Pakistan, Russia and Turkey participated in the tender. Turkey participated in the tender with HÜRJET aircraft, while India participated with Tejas, Pakistan JF-17 and Russia MiG-35 aircraft.
The company noted that this agreement is the fourth aircraft deal with the Southeast Asian country, after Indonesia, the Philippines and Thailand.
With this latest agreement, KAI has exported 68 KT-1 basic and T-50 advanced trainer jets, as well as FA-50 aircraft, to the Southeast Asian markets.
KAI also has agreements to supply 222 aircraft to many countries around the world, including Iraq, Poland, Peru and Senegal.
KAI aims to expand the exports of its aircraft to the Middle East, Africa, Australia, the United States and other markets as well.