By Lee Tae-hoon
The door is open for another country or foreign firm to participate in Seoul’s initiative to develop a new combat aircraft with a budget of $5 billion, defense officials here said.
“Many countries, including the United Arab Emirates, have shown interest in investing in the project,” Noh Dae-lae, head of the Defense Acquisition Program Administration Commissioner, said Tuesday.
“We are planning to allow another country with the most attractive offer to join the KF-X program.”
The KF-X program refers to the multirole fighter development program that Seoul has pursued since 2000 to replace its aging F-4/5 fighter jets.
Indonesia pledged last year to invest $1 billion in the project and buy 50 KF-X fighters for allowing its researchers to participate in development.
“Many countries, including the United Arab Emirates, have shown interest in investing in the project,” Noh Dae-lae, head of the Defense Acquisition Program Administration Commissioner, said Tuesday.
“We are planning to allow another country with the most attractive offer to join the KF-X program.”
The KF-X program refers to the multirole fighter development program that Seoul has pursued since 2000 to replace its aging F-4/5 fighter jets.
Indonesia pledged last year to invest $1 billion in the project and buy 50 KF-X fighters for allowing its researchers to participate in development.
read More at The Korea Times