Korea Aerospace Industries (KAI) is expecting Malaysia and Senegal to make deicions on their next military jet purchases in Q1 next year, an analysts from Shinhan Investment Corp. says.
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대한민국 국군 Republic of Korea Armed Forces / CC BY-SA
The report puts Malaysia’s contract to be worth $197 million and Senegal order could be worth $147 million. The investment company has factored in sales success into its 2023 earnings forecasts of KAI. Both orders are for the FA-50.
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