With Indonesia unable to pay full share, what’s next for KF-21 fighter project?
Indonesia has come clean about its inability to pay for all of its share of the joint project for developing South Korean KF-21 fighter jets, leaving South Korea with no option but to cover the remainder of the costs. According to South Korea’s Defense Acquisition Program Administration on Tuesday, the Indonesian side has proposed to pay one third of its agreed share -- which is about 600 billion won ($441,014,332) -- by the deadline about two years from now. The proposal came after Indo
May 7, 2024