Indonesia is back on the KF-X project with South Korea
November 14, 2021
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9:05Now PlayingIndonesia is back on the KF-X project with South Korea
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as posted by the channelThe militaries of South Korea and Indonesia have reached a final agreement on the cost-sharing for their joint fighter development project called the KF-X (Korean Fighter eXperimental) here and the IF-X in Indonesia.
The Korean Defense Acquisition Program Administration (DAPA) announced Thursday that it had reached an agreement with the Indonesian defense ministry on sharing the 8.8 trillion won ($7.4 billion) cost of development of the 4.5-generation fighter jet, the biggest project since the foundation of the Korean military.
The cost-sharing issue occurred as Indonesia, which promised to pay 20 percent of the total development budget, has paid only 227.2 billion won, citing financial problems. The two sides have held several rounds of talks to solve the overdue payment issue since 2019.
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