The Philippines has inked a $700 million agreement with South Korea's KAI to acquire 12 advanced FA-50 fighter jets by 2030, enhancing its military capabilities amid regional tensions.
A South Korean defense firm has inked an agreement with the Philippines Defense Ministry to provide 12 FA-50 light attack fighters by 2030, Yonhap News reported on Wednesday, citing the state arms procurement agency. The Korea Aerospace Industries (KAI) signed the $700 million agreement on Tuesday, one year after another deal to supply 12 FA-50s.
South Korean Minister of Defense Acquisition Program Administration (DAPA) Seok Jong-gun and Philippine Defense Secretary Gilberto Teodoro had discussed arms industry cooperation in Manila in March. Seoul signed approximately $3 billion worth of arms deals with the Philippines over the last decade, including fighter jets, frigates, and corvettes, making Manila South Korea's largest arms trade partner in Southeast Asia. "The deal to supply additional FA-50 aircraft is expected to contribute to expanding bilateral military exchanges, as well as stabilizing security in Southeast Asia," DAPA said.
So far, the fighter jet has been exported to six countries: Indonesia, Iraq, Malaysia, Poland, Thailand, and the Philippines, with Malaysia signing the most recent deal for 18 jets in 2023. The FA-50 is an advanced version of the KAI T-50 Golden Eagle, the first South Korean supersonic advanced jet trainer, light combat aircraft, and light fighter. The KAI collaborated with Lockheed Martin of the US to develop it.
A Kyiv-Warsaw train was struck near the Polish border, Ukraine's state railway firm said on Sunday. No passengers were injured. Ukrai...
Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, according to the ...
Indonesian rescuers are searching for 130 people after a passenger ship carrying 243 people sank in the Java Sea following bad weather, while 113 p...
Iranian President Masoud Pezeshkian arrived in New Delhi on Friday to attend the weekend BRICS summit, amid the ongoing U.S.-Iran conflict, joining a host of foreign dignitaries.
Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, according to the UK Maritime Trade Operations (UKMTO), adding to concerns about energy supplies after Saudi Arabia shut down a vital oil pipeline on Saturday.
A Kyiv-Warsaw train was struck near the Polish border, Ukraine's state railway firm said on Sunday. No passengers were injured. Ukrainian Railways said that the country's railways were facing systematic attacks for a second day and warned of widespread delays.
Dubai’s property market has spent years climbing. Now, for the first time since 2021, prices are moving in the opposite direction.
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad saying the strike originated from Iraq.
A Kyiv-Warsaw train was struck near the Polish border, Ukraine's state railway firm said on Sunday. No passengers were injured. Ukrainian Railways said that the country's railways were facing systematic attacks for a second day and warned of widespread delays.
Indonesian rescuers are searching for 130 people after a passenger ship carrying 243 people sank in the Java Sea following bad weather, while 113 people have been evacuated and six have died, the country’s search and rescue agency said on Sunday.
China will lead the creation of an open source platform among BRICS members to promote cooperation on large language models, Chinese President Xi Jinping said on Sunday.
Swedes vote in an election on Sunday (13 September) that could see the far-right enter government for the first time if the country's right-wing parties can form a majority.
Philippine rescuers recovered 41 more charred remains from a ferry fire on Saturday (12 September), taking the death toll to 76, while 13 people remained unaccounted for as forensic teams worked to identify the victims.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment