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- Indian Air Force Aims for Full Indigenous Inventory by 2047 — Air Chief Marshal A.P. Singh
- General Upendra Dwivedi takes over as the Chief of the Army Staff
- Rajnath Singh assumes charge as Defence Minister for the second consecutive term
- Admiral Dinesh K. Tripathi assumes Command of the Indian Navy as 26th Chief of the Naval Staff
- Prime Minister witnesses 'Bharat Shakti' – a Tri-Services Firing and Manoeuvre Exercise in Pokhran, Rajasthan
KAI signs contract with Iraq for T-50
Korea Aerospace Industries Ltd. has signed the contract with Iraq for exporting its T-50 aircraft, total of over $1.1 billion. Government of Iraq and KAI announced in Baghdad that the contract is signed for exporting its indigenous 24 T-50 aircraft to Iraq, including training for Iraqi pilots.
The signing ceremony was made with KAI’s President and CEO, Ha Sung-yong, Defense Acquisition Program Administration’s Administrator, Lee Young-geol and the ROKAF Deputy Chief of Staff, Kim Hyung-chol as well as Iraqi Prime Minister Nouri al-Maliki in attendance.
Following the contract, KAI will be entitled to supply its follow-on support to Iraq Air Force for over two decades. The combined amount of export would reach more than $2 billion.
In April 2011, KAI introduced the T-50-variant aircraft to Iraqi Prime Minister Nouri al-Maliki during his visit to Korea and set out on marketing campaigns for those trainer airplanes. After July of the same year, the company started to enter negotiations with Iraq in earnest.
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