The Pilatus PC-7 itself is 1950’s vintage Pilatus PC-3 which has been retrofitted with a turbo prop engine in place of the original 260 horsepower Lycoming piston engine so the design goes back a long, long way.
It's an excellent training aircraft but the basic airframe could be a bit too small to carry enough weaponry to be effective compared to Embraer Tucano, although it would be a better choice for the ISR role than the much larger Tucano
Aviation Week just ran a story that procurement of 15 airframes is being held-up for a bunch of congressional/bureaucratic mumbo-jumbo reasons. When and if the AT-6B/C gets into service will be a miracle.