Iraq signed a $1.1 billion deal with South Korea to buy 24 multi-role light fighters, officials were quoted as saying by AFP.
The Korea Aerospace Industries (KAI) said it would deliver the T-50IQ, a variant of its T-50 supersonic aircraft, to Baghdad between 2015 and 2016.
The firm is also expecting to sign an additional $1 billion deal in 2014 to provide parts, equipment and pilot training for 20 years.
The T-50IQ is an advanced multi-role fighter that is equipped with precision-guided weapons, missiles and machine guns.
"It's the biggest order in the history of South Korea's arms exports," a KAI spokesman was quoted as saying in the report.
The T-50 is South Korea's first supersonic aircraft and one of the world's few supersonic trainers. After its maiden flight in 2002, the aircraft entered active service in 2005.
The trainer has been developed into combat and multi-role variants.
Earlier, KAI has pursued T-50 attack variant deals with Indonesia, Turkey and other countries. In October, the Philippines also agreed to buy 12 fighters.
Russian aircraft-maker Sukhoi has announced today that its fourth prototype Sukhoi T-50 stealth fighter jet took to the skies for the first time in a 40 minute flight. "The fourth prototype PAK-FA made its first flight today from the Gagarin factory in Komsomolsk-on-Amur," Sukhoi said
South Korea signed a contract Wednesday to export its T-50 trainer jets to Indonesia, a government official said, a deal that will mark the first time for the country to export supersonic jets. The state-run aircraft maker Korea Aerospace Industries (KAI) signed the deal in Jakarta with Indonesia's defense ministry, the official told Yonhap News Agency by phone
Iraqi Air force has taken deliveries of at least six light attack fighters based on the Korea Aerospace Industries (KAI) T-50 supersonic trainer, Alert5 reports citing photos published on the air forces social media accounts
South Korea's Air Force will purchase additional T-50 advanced trainer jets from a local producer, the nation's arms agency said Monday. The decision was made at the 105th session of the weapons procurement committee, presided over by Defense Minister Song Young-moo, according to the Defense Acquisition Program Administration,
An accident with an advanced Russian T-50 fifth-generation fighter jet, which briefly caught on fire while landing near Moscow, will not affect the schedule of planes test runs, Sukhoi company said Tuesday. The recent accident involving a T-50 will not affect the timing of the test program, according to Sukhoi Design Bureau
Michael Baker International has been awarded contracts worth total $838 million to support Iraq's purchase of F-16 Fighting Falcon aircraft under the US foreign military sales (FMS) programme. Under the contracts, the company will provide design, engineering, construction, and other services to support the deployment of the aircraft at Balad Air Base, Iraq, over the next three years
The Government of Iraq has requested a possible sale of 500 AGM-114K/R Hellfire Missiles and associated equipment, parts, training and logistical support for an estimated cost of $82 million. Iraq will use the Hellfire missiles to help improve the Iraq Security Forces capability to support current on-going ground operations
Sukhoi Aircraft has introduced the new design solutions to increase the stealth capabilities of T-50 by managing to greatly reduce the effective surface scattering of the fighter, which is the basic element for visibility on aircraft radars. An average value of this indicator for the T-50 fighter is between 0
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