Philippine and South Korean FA-50 fighter jets. - Photo: Korean Aerospace Industries
MANILA: The Philippines has signed a contract for 12 more FA-50 fighter jets, its South Korean manufacturer said Wednesday (June 4), three months after one of the planes crashed during a mission against communist rebels.
Korea Aerospace Industries (KAI) valued the deal with the Department of National Defense at US$700 million, with delivery of the jets to be completed by 2030.
