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SEOUL — South Korean defense company Korea Aerospace Industries (KAI) 047810.KS said on Wednesday it has signed a deal worth 975.3 billion won ($712.83 million) with the Philippine defense ministry to supply 12 aircraft. KAI will export 12 of its FA-50 fighter jets by 2030, which would modernise the Southeast Asian country’s military, it said in a statement. The […] The post South Korea’s KAI signs $700 million aircraft deal with Philippines appeared first on Interaksyon. Economics
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