Korea Aerospace Industries (KAI) is said to have made $150,000 payment to Michael Cohen, US President Donald Trump’s personal lawyer in November 2017.
The payments were made to Essential Consultants LLC, a company established by Cohen in Delaware, according to a memo released by Michael Avenatti on Twitter Thursday.
The revelations about the payments came after Michael Avenatti, lawyer for adult-film actress Stephanie Clifford who had alleged she had a sexual encounter with Trump in 2006, released documents that said Essential Consultants received payments from several individuals and companies.
KAI is poised to be a partner for an estimated $16 billion deal with Lockheed Martin to build T-X 50A trainer jet. KAI has said that it hired Essential for legal counselling regarding U.S. accounting standards on production costs.
Lockheed Martin in a statement has said that, it had no knowledge of a business relationship between KAI and Cohen and are not aware of any connection it may have to the U.S. Air Force Advanced Pilot Training competition, CNBC reported Thursday.
The T-50A is a variant of the T-50 Golden Eagle currently serving in the Korean Air Force and several other militaries around the world.
Other contenders for the project include Leonardo DRS with its T-100, a USAF-optimized variant of the Italian M-346 trainer which was born out of a partnership with Russia that saw Moscow develop the Yak-130 combat/trainer.
In addition, Boeing has offered a brand-new aircraft built from scratch with partner Saab.
One of the main criteria for the USAF Advanced Pilot Training Project contenders to meet will be an ability to train pilots to fly fifth generation aircraft such as the F-35 and F-22. This is where Lockheed Martin claims it has an edge having built both the aircraft.
BAE systems-Northrop Grumman and L-3 systems were offering a new aircraft to the US. Raytheon-Leonardo and CAE were offering T-100 based on M-346 design. They backed out of the program in February last year.
Raytheon and Leonardo-Finmeccanica had jointly announced that they would not be participating in the US Air Force T-X trainer acquisition program in January this year. In February, Raytheon backed out and Leonardo decided to pursue the competition alone with its T-100 integrated Training Systems. Textron withdrew from their offering in March last year.
Saab has offered to establish manufacturing and production capability in the United States for its Boeing/Saab T-X advanced trainer aircraft. Developed in partnership with Boeing, the T-X advanced trainer can provide a new highly capable training solution for the United States Air Force
Northrop Grumman and BAE Systems have decided not to submit a proposal for the US Air Force T-X Trainer program after carefully examining requirements and acquisition strategy as stated in the final request for proposals issued on Dec. 30, 2016
Raytheon and Leonardo have decided not to jointly pursue the U.S
Lockheed Martin and Korea Aerospace Industries have completed the initial test flight of its second T-50A configured aircraft in Sacheon, South Korea. The T-50A is the companys aircraft offering in the US Air Forces Advanced Pilot Training (APT) competition, the company said in a statement Tuesday
Lockheed Martin has conducted an initial flight test of its T-50A jet aircraft. The newly configured T-50A is a variant of the T-50 developed by Korea Aerospace Industries and Lockheed Martin
US Air Force officials have released requirements for the T-X trainer aircraft family of systems that will replace the T-38 Talon under the ‘Bending the Cost Curve initiative. The release follows Secretary of the Air Force Deborah Lee James emphasis on increased dialogue with industry to build affordability into the acquisition process, according to USAF Website
Korea Aerospace Industries plans to roll out the prototype of its light armed helicopter in December. The LAH will replace an aging fleet of Armys attak helicopters that include MD500s and 70 AH-15 Cobras, Yonhap reported quoting KAI officials as saying Sunday
Korea Aerospace Industries (KAI) will set up Seouls first aircraft maintenance, repair and overhaul (MRO) company in July this year. In December, the government designated KAI as the operator of the Korea Aviation Engineering & Maintenance Service, Ltd
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