Indonesia to co-develop $8-billion South Korea fighter jet project

V6JVO42JT6South Korea’s arms procurement agency said on October 6 that Indonesia had agreed to pay 20 per cent of the development costs of a mid-level fighter jet programme that some analysts said could cost up to $8 billion.

The Defense Acquisition Programme Administration (DAPA) said in a statement that it signed a basic agreement to develop the “KF-X” or “Boramae” fighter jet with the Indonesian defense ministry.

The jets, to be delivered from 2025, are expected to be developed with the help of Lockheed Martin as part of an offset agreement.

Indonesia is currently the only foreign partner in the KF-X programme, which gained momentum in South Korea this year after repeated feasibility studies and debate over whether Korea should buy or develop its own mid-level jets to replace ageing F-4s and F-5s.

Indonesia first agreed to participate in early feasibility studies of the programme in 2010.

The planned twin-engine fighter jet was estimated to cost up to 8.5 trillion won to develop, according to a South Korean state-run think tank, while production cost is roughly expected to cost around 10 trillion won, according to Reuters.

DAPA plans to choose a lead developer by December, with Korea Aerospace Industries and Korean Air Lines’ aerospace division intending to compete, both companies’ spokesmen said.

The Indonesian government will choose a local institution to work with the lead developer to co-develop the jet, a DAPA spokesman said, without elaborating.



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South Korea’s arms procurement agency said on October 6 that Indonesia had agreed to pay 20 per cent of the development costs of a mid-level fighter jet programme that some analysts said could cost up to $8 billion. The Defense Acquisition Programme Administration (DAPA) said in a statement that it signed a basic agreement to develop the “KF-X” or “Boramae” fighter jet with the Indonesian defense ministry. The jets, to be delivered from 2025, are expected to be developed with the help of Lockheed Martin as part of an offset agreement. Indonesia is currently the only foreign partner in the...

V6JVO42JT6South Korea’s arms procurement agency said on October 6 that Indonesia had agreed to pay 20 per cent of the development costs of a mid-level fighter jet programme that some analysts said could cost up to $8 billion.

The Defense Acquisition Programme Administration (DAPA) said in a statement that it signed a basic agreement to develop the “KF-X” or “Boramae” fighter jet with the Indonesian defense ministry.

The jets, to be delivered from 2025, are expected to be developed with the help of Lockheed Martin as part of an offset agreement.

Indonesia is currently the only foreign partner in the KF-X programme, which gained momentum in South Korea this year after repeated feasibility studies and debate over whether Korea should buy or develop its own mid-level jets to replace ageing F-4s and F-5s.

Indonesia first agreed to participate in early feasibility studies of the programme in 2010.

The planned twin-engine fighter jet was estimated to cost up to 8.5 trillion won to develop, according to a South Korean state-run think tank, while production cost is roughly expected to cost around 10 trillion won, according to Reuters.

DAPA plans to choose a lead developer by December, with Korea Aerospace Industries and Korean Air Lines’ aerospace division intending to compete, both companies’ spokesmen said.

The Indonesian government will choose a local institution to work with the lead developer to co-develop the jet, a DAPA spokesman said, without elaborating.



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Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

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