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 [...]
SEOUL, Sept. 3 (Korea Bizwire) — South Korea began assembling a prototype of what would be the country’s first indigenously developed fighter jet Thursday in a landmark step that means the ambitious project is materializing, the arms procurement agency said. Under the KF-X project worth 8.8 trillion won (US$7.3 billion), South Korea has been working [...]
SEOUL, Dec. 19 (Korea Bizwire) – The Republic of Korea Air Force announced Monday that it had completed upgrading its F-16 fighter jets, equipping them with AIM-120 mid-range air-to-air missiles and GBU-31JDAM (Joint Direct Attack Munition) air-to-ground guided bombs, which will enable them to strike key underground facilities in North Korea and shoot down combat [...]
SEOUL, May 26 (Korea Bizwire) – South Korea’s state arms procurement agency on Thursday said it has picked U.S. company General Electric (GE) as the preferred bidder to supply engines for the country’s next-generation fighter jets. The U.S. company has been picked as the supplier for the Korean Fighter Experimental (KF-X) program, according to the [...]
SEOUL, Jan. 21 (Korea Bizwire) – South Korea officially kicked off its multi billion-dollar project Thursday to produce homemade fighter jets over the next decade. Under the Korean Fighter Experimental (KF-X) project by the Defense Acquisition Program Administration, contractor airplane maker Korea Aerospace Industries Ltd. (KAI) will come up with six units of a homegrown [...]
SEOUL, Jan. 7 (Korea Bizwire) - South Korea’s sole aircraft manufacturer Korea Aerospace Industries Ltd. (KAI) said Thursday that it has signed a formal deal to jointly develop its next-generation fighter plane with Indonesia. The cost sharing agreement reached in Jakarta between KAI and Indonesia’s defense ministry calls for Jakarta to foot 20 percent of the [...]
SEOUL, Nov. 27 (Korea Bizwire) - Korea Aerospace Industries Ltd. (KAI), South Korea’s sole aircraft manufacturer, said Friday that it has made the first delivery of its multi-mission jets to the Philippines, further solidifying its status as an aircraft exporter. The two FA-50PH took off from Sacheon, 437 kilometers south of Seoul, to make the 2,482 [...]