South Korea’s KAI Secures $700 Million Deal to Supply Fighter Jets to the Philippines

Korea Aerospace T-50B Golden Eagle 10-0057 5 239 SFS Black Eagles RoKAFKorea Aerospace T-50B Golden Eagle 10-0057 5 239 SFS Black Eagles RoKAF at RAF Fairford, United Kingdom | Rob Vogelaar

South Korea’s Korea Aerospace Industries (KAI) has finalized a $700 million agreement with the Philippine Department of National Defense to supply 12 new FA-50PH light fighter jets by 2030. The deal, signed on June 4, will double the Philippine Air Force’s fleet of FA-50s, following an initial purchase of 12 aircraft in 2014.

The newly ordered jets will be equipped with major upgrades, including aerial refueling capability, advanced Active Electronically Scanned Array (AESA) radar, and modernized air-to-air and air-to-ground weapons systems. Deliveries are scheduled to begin in 2026 and continue through 2030.

This contract is part of the Philippines’ broader efforts to modernize its armed forces amid rising regional security concerns. South Korea has emerged as a key defense partner for the Philippines, having previously delivered not only fighter jets but also corvettes and frigates.

The deal also strengthens South Korea’s position in the global defense market, aligning with its goal to become the world’s fourth-largest arms exporter by 2027.

Photo Rob Vogelaar