South Korea and Indonesia have signed a US $1.3 billion deal to jointly develop the next generation fighter jet KF-X for Seoul amid rising threats from the nuclear-armed North Korea.
According to the deal signed between Korea Aerospace Industries (KAI) and Indonesian defense ministry, Indonesia will be investing US $1.3 billion for the KF-X program to replace South Korea’s aged F-4 and F-5 fighter fleet. Indonesia will be given one prototype plane and gain access to some technical data and information involving the project, KAI said in a statement.
The fighter jet program however would cost five times the money invested by Indonesia. South Korea’s Defense Acquisition Program Administration (DAPA) formally signed an agreement on December 28 2015 with KAI for the fighter jet program.According to the agreement, 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.
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 had said in a statement.
Indonesia’s commitment will only fulfil one-fifth of the total cost of the project.
The KF-X is expected to enter the world market for a light fighter aircraft and will compete with the Lockheed Martin F-16, Saab Gripen, the Boeing F/A- 18 and the Pakistani-Chinese JF-17 Thunder.
South Koreas 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
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 ran up an arrears of 230 billion won (US$200 million) by skipping milestone payments as part of its participation in the South Korean-led KF-X project to develop a new fighter jet for use of the air forces of both countries. Further Indonesia has ‘stayed away from the aircraft development program since the latter half of 2017, calling for the renegotiation on the terms of contract, Seoul's arms agency confirmed Monday
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
Saab has received an order for support of algorithm development and evaluation of airborne AESA radar for South Koreas indigenous KF-X fighter jet. The radar development programme is led by the Korean Agency for Defence Development (ADD) and Saab will work in cooperation with ADD and its contractual partner LIG Nex1
South Korean delegation has asked the United States to provide technologies related to the development of medium-altitude unmanned aerial vehicle during a meeting in Washington. Both the sides discussed several key foreign and security policy issues, including the transfer of US technologies essential for development of South Korea's own fighter jet KF-X program, according to
South Korea has selected General Electric (GE) as the preferred bidder for its next-generation Experimental (KF-X) fighter jets. The South Korean procurement agency, Defense Acquisition Program Administration (DAPA) made the selection public on Thursday,
Indonesia has decided to buy 10 Sukhoi 35 fighter jets from Russia as part of its plan to modernize the country's air force. "I will go to Russia in March to sign off the contract," Defense Minister Ryamizard told reporters on the sidelines of his meeting with visiting Russian Security Council delegation in Jakarta, local media reported
Russia To Showcase Drone Countermeasures at Dubai Airshow 2019
Boeing working towards FAA Certification Flight of 737 Max Aircraft
Belarus Receives Two Su-30SM Jets Today
Israeli Iron Dome Intercepts 90% of Rockets Fired From Gaza Strip
Bangladesh to Buy Fighter Jets, Apache Gunships & Missile Systems from US
India's Tejas Mk2 in Final Trials
Russia Seeks Customers for 6 Upgraded, Former Indian Air Force Su-30 Fighters
China’s J-20 Fighter May Have Entered Mass Production with Increased Deployment
Several joint production and direct procurement programs could be halted if the US and Europe carry through with their threat...
Sanctions-hit Iran has found ingenious ways to develop military hardware
Artificial Intelligence (AI) is rapidly permeating the defence industry to aid and improve human decision-making
Upgrade of Russias Sukhoi Su-30SM fighters to equip them with armaments, radar, sensors and engines from the more powerful Su-35...
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...