KAI wins T-50TH upgrade deal in Thailand

Korea Aerospace Industries (KAI) has been awarded a contract by the Royal Thai Air Force (RTAF) to modify the service’s T-50TH Golden Eagle lead-in fighter trainers (LIFT), KAI said in a filing to the Korea stock exchange on 24 May.

The deal is worth KRW62.3 billion (USD52.5 million) and