Saturday, May 28, 2011

Indonesia orders 16 T-50 Golden Eagle Jet Trainers

Indonesian Defense Ministry has signed an agreement for the purchase of 16 T-50 Golden Eagle advanced jet trainers to replace Indonesia's BAE Systems Hawk 53s. T-50 Golden Eagle is developed by the South Korean firm of Korean Aerospace Industries (KAI) and the American firm of Lockheed Martin. Total deal will be worth $400 million.

This is the first export order for the Total investment in the T-50’s RDT&E program amounted to more than $2 billion: 70% from the Korean government, 17% from KAI, and 13% from Lockheed Martin.
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