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T-50 competition?

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Mach3

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Does the T-50 have some competition now?

I just heard about a new start-up aircraft company based in the US producing an advanced jet trainer as well. Its their first aircraft, but they say it can do more than the T-50 and is slotted to be $15M, making that $5-$7 million cheaper than the T-50 too. Prototype roll-out scheduled for 2014.

Anyone else heard this? You think they can make the competition to replace the T-38 and othe trainers around the world???

It will be interesting for sure if they pull it off.
 
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