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KAI contracts for serial production of the FA-50

2013-05-07 Hits : 5517

 

 KAI concluded a contract for serial production of the FA-50 aircraft, amounting to 1.1Tr. won. 

 

- minus Full operational deployment by August 2016 to strengthen the national defense capability.

 

- minus Orders including large export contracts amount to 3Tr. Won year to date, and on its track to the target of 6Tr. Won worth orders by the year end.

 
Korea Aerospace Industries, Inc. ("KAI") announced on the 6th May that the company concluded the contract for the FA-50 aircraft as follow-on serial production, amounting to approximately 1.1 trillion won with The Defense Acquisition Program Administration ("DAPA").  

 

The order is a follow-on contract to the previously awarded contract in 2011 for the 1st batch of order. KAI is to start making the delivery in the upcoming August and the entire fleet will be fully operational by the year 2016.


The FA-50, which is a light combat derivative of the T-50 supersonic advanced jet trainer, was developed to replace the aging fighter fleet (F-5E/F, A-37). 

 

The FA-50 combat aircraft is capable of carrying up to 4.5 tons of weapons including air-to-air/air-to-surface missiles, machine guns, precision guided bombers such as the Joint Direct Attack Munitions (JDAM), and the CBUs. Also, the FA-50 is equipped with the Night Vision Imaging System (NVIS) allowing mission capability for day and night, and it also boasts improved self-protection ability with the Radar Warning Receiver (RWR) and the Counter Measure Dispenser System (CMDS).  


"The FA-50 provides more value than the price paid considering its outstanding performance, high aircraft operational rate, and low operation and support cost. The home-grown aircraft will significantly strengthen the defense capability of the Korean Armed Forces." an official at the military said.

 

By winning the FA-50 Performance Based Logistics (PBL) contract in last November, KAI also will play major roles in the FA-50 follow-on support field in addition to the aircraft design and manufacturing field.

 

KAI stated, "The accumulating T-50 operations and KAI's thorough logistics support will increase the aircraft reliability and supportability, and it will eventually increase the chance of home grown aircraft such as the FA-50 in the international markets.



 

 

 

The FA-50, for the first time as a military aircraft, has obtained its air worthy certification last October through verifying approximately 1,300 validation items, and this has paved the way to export further.

 

While KAI is aiming to export over 1,000 of the T-50 variants, the prospects of FA-50 exports are very optimistic as the aircraft is being actively marketed in Philippines, Iraq, Chile and other countries.

 

Considering the fact there are growing demand to replace aged fleets of the F-4 and the A-37 and the FA-50 is the only viable option to replace them, the outlook of the FA-50 exports is bright. It is a common strategic practice for the air forces around the world to operate the high-end fighter fleets as well as the light fighter fleets to meet various tactical requirements.


In the meanwhile, KAI has secured 3 trillion won worth of orders year to date and the company is cruising to meet the target of winning 6 trillion won worth of orders by the year end.

 

"Thanks to the successful large-scale export contracts in the first half of this year, including the order amounting to 1.2 trillion won with Boeing in April in succession to the deal for fuselage parts worth approximately 460 billion won with Airbus in March, we are optimistic to reach the goal set for 2013," told KAI.


 

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