Kang Seung-woo is the Business Desk editor at The Korea Times. Prior to this position, he covered politics, national affairs, finance and sports.
KAI finalizes FA-50 deal with Malaysia
Korea Aerospace Industries (KAI) CEO Kang Goo-young, left, shakes hands with Dato' Sri Muez bin Abd Aziz, fourth from left, secretary general of the Malaysia defense ministry, during a signing ceremony in Malaysia, Tuesday, for KAI's export of the FA-50 light combat aircraft to Malaysia. In February, Malaysia agreed to purchase 18 FA-50s worth $920 million. Defense Minister Lee Jong-sup, second from left, and his Malaysian counterpart Dato' Seri Utama Haji Mohamad bin Haji Hasan, third from left, were also present. Courtesy of Korea Aerospace Industries
By Kang Seung-woo