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Korean fighters

Iraq signs $1.1 bn deal to buy S Korean fighters

Seoul: South Korean defence contractor Korea Aerospace Industries Ltd (KAI) has signed a deal with Iraq to export 24 light fighter jets valued at $1.1billion, the company said on Thursday. The deal to supply FA-50 aircraft also includes training for Iraqi pilots and other support for the Iraqi Air Force for the next two decades, which could push the total value of the deal to $2 billion, the contractor said in a statement. The FA-50 is a light attack variant of the T-50 Golden Eagle supersonic trainer that was co-developed…