Korea Aerospace Industries Signs Service Contract Worth 426.6 Billion KRW

[Asia Economy Reporter Minji Lee] Korea Aerospace Industries announced on the 8th that it has signed a contract with the Iraqi government for the T-50IQ CLS/training project. The contract amount is 426.6 billion KRW, which corresponds to 15.1% of the recent sales revenue. The contract period ends on December 31, 2024.