South Korea’s Defense Acquisition Program Administration (DAPA) and Korea Aerospace Industries (KAI) have formally signed an agreement to develop KF-X fighter aircraft.
According to the agreement signed today, DAPA will finance 60 per cent of the 8 trillion won (US$6.9 billion) costs required in the development phase, with KAI to pay 20 per cent, Yonhap news agency reported Monday.
A total of eight test planes will be initially produced, with six of them for flight testing and the two others for ground testing. Indonesia will bring one of them home, along with aviation technologies to be transfered to the country.
"With the signing of the contract with KAI on Monday, the Defense Acquisition Program Administration will officially set about the fighter jet development project," DAPA said in a statement.
The project will take 10 years and six months before completing the developmental phase by the first half of 2026 and producing the initial batch of aircraft by 2028, according to the state procurement agency.
"This development project seeks to acquire medium-class Korean-type fighter jets through the joint investment of the South Korean government, Indonesia and foreign and local companies so that we can meet our Air Force's post-2020 air power demand on our own and tap into the global combat jet market," DAPA said.
The defense procurement agency also said the project will have a spill-over effect to bring the country's aviation industry one step forward.
"DAPA will utilize the local aviation industry's technologies and manpower that have been accumulated over the past 30 years and will do its best efforts to procure the needed fighter jets on time," DAPA Minister Chang Myoung-jin said.
South Korea has officially confirmed Lockheed Martin as the lead contractor for its $1.5 billion upgrade of its KF-16 fighter jets
The South Korean government is under pressure to restart its fighter jet program KF-X and cancel the purchase of F-35 stealth fighters if needed. Growing uncertainties to procure technology transfer from the US is stated as a major reason for demands from some politicians and critics to restart the program entirely to develop a fighter jet all by itself, Korea Times reported Monday
Amid confusion over denial of four critical technology transfers for the KF-X program US has promised to support Republic of Korea (ROK) in its stealth fighter program. “The U
Indonesia has indicated it wants to re-negotiate terms of payment for its participation in the joint KFX/IFX fighter jet project with South Korea. South Korea is developing the KF-X project as a successor to its F-16 aircraft and has roped in Indonesia to share the development cost in return for a fixed number of aircraft and technology
Korea Aerospace Industries (KAI) is considering ways to cut costs to make its T-50A aircraft competitive in the United States Air Force (USAF) trainer jet competition, said the new chief of Korea Aerospace Industries on Friday. At a press conference held at KAIs headquarters in the Korean city of Sacheon, the companys new President and CEO Kim Jo-won said KAI is seeking ways to adjust the unit price of the T-50 advanced trainer jet at the request of its US partner Lockheed Martin
South Korean prosecutors raided five subcontractors to probe suspected corruption in connection with a few major defense projects. The prosecutors searched the firms and secured documents and digital materials as evidence related to allegations that KAI made illicit gains by inflating expenses for developing military aircraft, Yonhap reported Tuesday
South Koreas Board of Audit and Inspection has ordered a probe into the process of the continued deployment of the nations ‘Surion helicopter fleet after the state-run audit body inspected the defects that make the chopper “unreliable” for flight missions. The state-run audit body said Korea Aerospace Industry, Surions manufacturer, did not run proper flight tests, while Defense Acquisition Program Administration and its affiliate Agency for Defense Development failed to supervise the procedure, Korean Herald reports
South Korea is planning to develop its own indigenous long-range air-to-ground missile that will be fitted onto the countrys KF-X fighter jets. The Defense Acquisition Program Administration (DAPA) plans to start its research on relevant missile technologies from 2018 with a plan to produce some 200 air-to-surface Taurus-class missiles until 2031, Yonhap reports Wednesday
Thales Scorpion helmet-mounted sight and display (HMSD) has been selected for Engineering, Manufacturing and Development (EMD) for South Korean Light Armed Helicopter (LAH) and to equip after completion on LAH EMD. Thales will provide 400 HMSD Scorpion which will be onboard Korean Aerospace Industries (KAI) LAH at the beginning of the 2020s, the company said in a statement Wednesday
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