Korea is on the verge of clinching its first export deal for the domestically developed KF-21 Boramae fighter jet, with Indonesian President Prabowo Subianto expected to visit the jet's manufacturer during a state visit later this month to sign a preliminary agreement, industry officials confirmed Thursday. “Indonesian President Prabowo Subianto will be visiting Korea to meet with Korean President Lee Jae Myung and have a ceremony for signing an agreement,” an industry official told The Korea Times, Thursday. “The two countries will be having a ceremonial event together.” Indonesia plans to purchase 16 fighter jets in the first order — down from the originally planned 48 — due to budget constraints, Asia Business Daily reported Thursday. Subianto is scheduled to visit Korea Aerospace Industries (KAI), the Sacheon, South Gyeongsang Province-based manufacturer of the jet, during his state visit from March 31 to April 2. The two sides aim to finalize an implementation contract in the first half of this year. The deal would mark a milestone for the KF-21 project that began in 20