SEOUL, May 7 (Korea Bizwire) – Indonesia, which had agreed to share a portion of the development costs and receive technology transfers for South Korea’s KF-21 fighter jet, has recently proposed paying only about a third of its originally committed share while also accepting a reduced level of technology transfer, according to sources familiar with the [...]
SEOUL, Feb. 22 (Korea Bizwire) — The top diplomats of South Korea and Indonesia have agreed to continue to work on the joint development of a fighter jet, a project in delay due to Jakarta’s suspended payment for its share, Seoul’s foreign ministry said Thursday. The discussion took place between Foreign Minister Cho Tae-yul and [...]
SEOUL, Feb. 22 (Korea Bizwire) — The state arms procurement agency has requested a police investigation into an Indonesian engineer’s alleged attempt to steal technologies related to a joint fighter jet development project, defense officials said Thursday. The Defense Acquisition Program Administration (DAPA) made the request Wednesday after concluding a preliminary joint government probe into [...]
SEOUL, Oct. 5 (Korea Bizwire) — The head of South Korea’s arms procurement agency has visited Indonesia to try to resolve Jakarta’s unpaid share of costs for a joint fighter jet development project, his office said Thursday. Eom Dong-hwan, minister of the Defense Acquisition Program Administration (DAPA), left for Indonesia on Wednesday and is expected [...]
SEOUL, Sept. 21 (Korea Bizwire) — A KF-16 fighter jet crashed during takeoff from its base in the southwestern county of Seosan on Thursday, and the lone pilot safely ejected before being taken to a hospital, the Air Force said. The jet belonging to the 20th Fighter Wing went down at the base in Seosan, [...]
SEOUL, March 4 (Korea Bizwire) — South Korea’s homegrown fighter KF-21 Boramae conducted its successful test flight with the advanced active electronically scanned array (AESA) radar mounted, the arms procurement agency said Saturday, in the latest sign of progress in the advanced jet’s development project. The third prototype took off from the Air Force’s 3rd [...]
SEOUL, Feb. 20 (Korea Bizwire) — The fourth prototype of South Korea’s homegrown fighter KF-21 Boramae conducted its successful maiden flight Monday, the arms procurement agency said, in the latest sign of progress in the advanced jet’s development project. The two-seat prototype took off from the Air Force’s 3rd Flying Training Wing in Sacheon, about [...]
SEOUL, April 9 (Korea Bizwire) – Friday’s rollout of a prototype of South Korea’s first homegrown fighter jet after 20 years of hard work marks a watershed moment for the country’s history of national defense and related industries. But multiple challenges still stand in the way of its ultimate success amid partner Indonesia’s seemingly wavering [...]
SACHEON, March 1 (Korea Bizwire) — South Korea will showcase a prototype of the country’s first indigenous fighter jet in April, the arms procurement agency has said. Jung Kwang-sun, heading the KF-X program at the Defense Acquisition Program Administration, said the planned rollout event will be a “landmark moment” for the country and the aerospace [...]
SEOUL, Oct. 3 (Korea Bizwire) — The Air Force has launched a naming contest for the country’s next-generation fighter jet under development, officials said Friday. South Korea is building the first prototype jet for the KF-X project after its design was confirmed last year, according to the Defense Acquisition Program Administration. Through Oct. 30, South [...]