South Korea open to Indonesian proposal to cut KF-21 payments
South Korea is leaning toward accepting the proposed cuts by Indonesia in its share of KF-21 fighter development costs, according to the government’s Defense Acquisition Program Administration on Wednesday. The DAPA said that the reduction in the Indonesian contribution to the joint project was expected to translate into less of a financial burden than speculated by the press, explaining that expenses could be cut down considerably over the process. At its onset, the project was calculated
May 8, 2024