Korea Aerospace Industries Co. (KAI) has received a $240 million order to supply six T-50 advanced trainer jets to the Indonesian air force from Dec. 16, 2021, to Oct. 30, 2024.
As of Tuesday, KAI has exported 154 trainer jets worth $3.1 billion to countries such as the Philippines, Indonesia, Iraq, Thailand, Turkey, and Peru since its foundation in 1999.
The orders consisted of 70 T-50 advanced trainer jets worth $2.6 billion and 84 KT-1 basic trainer jets worth $700 million.
In 2012, KAI supplied 16 T-50 trainer jets worth $400 million.


Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence
Samsung Electronics Shares Jump on HBM4 Mass Production Report
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO
Australian Household Spending Dips in December as RBA Tightens Policy
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Anta Sports Expands Global Footprint With Strategic Puma Stake
Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 



