February 04, 2015 09:52
Korea is pushing for the sale of 24 FA-50 home-grown light attack fighter jets to Peru.
The military wants to sell the jets for US$1 billion and will submit a bid this month, a spokesman said Tuesday.
Including extra weaponry and munitions, the total earnings could be as high as $2 billion.
Peru will select a model in the second half of this year. There will be competition from Russia's YAK-130, Italy's M-346, and China's L-15, but the government here claims Korea has an advantage.
This is because Korea Aerospace Industries, the manufacturer, won an order in November 2012 to supply the Peruvian Air Force with 20 KT-1 basic trainer jets for $200 million.
Seoul has increased exports of FA-50 light attack fighters and T-50 supersonic advanced trainers. It sold 16 T-50s to Indonesia in 2011, while signing contracts with Iraq in 2013 and the Philippines in 2014 for the supply of 24 FA-50s and 12 FA-50s.
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