The Korea Times
Korea and Indonesia have tentatively agreed to transfer one of the South's six KF-21 fighter jet prototypes to Jakarta, a Seoul lawmaker said Tuesday, as their joint development project is nearing completion. During working level talks held in February, the two sides agreed on the handover of a single-seat KF-21 prototype that has been used for verification tests, such as aerial refueling, Rep. Kang Dae-sik of the main opposition party said, citing a document submitted by the state defense procurement agency. The handover, valued at about 600 billion won ($398 million), includes an estimated 350 billon-won fighter jet and other development costs. It comes as the joint development of the KF-21 is set for completion in June after more than a decade of development. Korea launched the project in 2015 to develop a homegrown supersonic fighter jet, and Indonesia joined as a partner, agreeing to share development costs in exchange for technology transfers, a prototype and other conditions. The Defense Acquisition Program Administration is expected to decide on the schedule of the handover of th
Go to News Site