Originally posted by damienthedevil:
Korea Likely to Sell Supersonic Jets to UAE, Greece, Singapore
Korean Information Service
Korea is close to clinching contracts with Singapore, Greece, and the United Arab Emirates (UAE) for the sale of its T-50 Golden Eagle supersonic trainer jets, a senior defense industry official said.
"Korea is expected to sign the deals with the three nations this month or next month," said Yoon Cha-young, executive director of the Korea Aerospace Industries Association.
He said the UAE will likely procure more than 60 T-50s, while Singapore and Greece are considering buying 30 and 40 jets, respectively.
Korea developed the T-50 with its own technology and each jet is priced around $20 million.
Yoon, who also serves as co-chairman of the organization committee for the Seoul air show, added this year's event will serve as a "turning point" for the country's efforts to export its advanced weapons such as T-50, KT-1 Woongbi basic trainer plane, XK-2 tank, K-9 self-propelled howitzer, and Cheonma self-propelled surface-to-air missile.
T-50 Golden Eagle
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This remark "Korea is expected to sign the deals with the three nations this month or next month," by the executive director of the Korea Aerospace Industries Association is obviously only a lip service.
Please don't attach much significance to this report written for internal consumption only.
Cheers,
Sunho