KAI adjusting price of T-50A to win T-X bid

The new CEO of Korea Aerospace Industries (KAI) told reporters that the company is seeking to make adjustments to the price of the T-50A advanced jet trainer to win the U.S. Air Force T-X competition.

“It’s a life or death opportunity for KAI and we have been making efforts by transforming the management and cutting costs including labor costs”, Kim Jo-won said.

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