KAI signs $3b deal with Poland to export 48 FA-50s

Korea Aerospace Industries (KAI), South Korea's sole aircraft maker, has signed a basic $3 billion deal with Poland to export 48 FA-50 light attack fighters, its officials said Thursday.

The largest FA-50 export deal was part of the "framework contracts" that the Polish government inked the previous day to procure 980 K2 battle tanks and 648 K9 howitzers on top of the FA-50s.

In addition to the fighter deal, KAI seeks to establish a maintenance, repair, overhaul (MRO) center in Poland as well as an international pilot training school using the FA-50s, according to the officials.

KAI CEO Ahn Hyun-ho said that the FA-50 contract is not just a simple sales deal but a "start of joint cooperation."

"Poland is where our journey for the export of 1,000 FA-50 fighters begins," he said.

Ahn also pointed out that those purchasing FA-50s would be potential buyers of the KF-21 fighter, South Korea's homegrown 4.5th-generation warplane currently under development.

The Polish government has said the first batch of 12 FA-50s will arrive in the country in the middle of next year. (Yonhap)