Korea Aerospace Industries signs agreement with Egypt over Golden Eagle aircraft
Egypt’s Arab Organisation for Industrialisation (AOI) and Korea Aerospace Industries (KAI) have signed a cooperation and partnership agreement as KAI pushes to sell its FA-50/T-50 Golden Eagle jet to the North African nation. The agreement, signed last week, covers the localisation of technology should Egypt acquire the Golden Eagle. Egypt is understood to be looking to replace its ageing Alpha Jet and K-8 jet trainers with 100 new jets, of which 70 will be manufactured locally.
See the full article at stlbeacon.org