Philippines acquires additional FA-50 aircraft in $700 million contract
The 12 FA-50 aircraft are expected by 2030. (Photo: KAI)
Korea Aerospace Industries has netted a follow-on order from the country for 12 aircraft to be delivered by 2030.
The Philippine Air Force has acquired additional FA-50 fighter aircraft from Korea Aerospace Industries.
KAI signed a contract with the Philippine Ministry of Defence on 3 June to supply 12 FA-50 aircraft by 2030, according to reports from local South Korean media.
The contract amount is around US$700 million which includes aircraft, maintenance, parts and logistics support. Shephard previously reported on the additional FA-50 cost being listed at a price of PHP40 billion (US$683 million).
Deliveries of the aircraft are expected between 2026 to 2030, according to KAI. They include upgrades such as aerial refuelling, active electronically scanned array radar (AESA)
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