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| A model of one of several possible designs for the KFX |
By Prashanth Parameswaran
Agreement expected to facilitate cooperation on new fighter jet.
South Korean and Indonesian firms inked a strategic cooperation agreement that seeks to deepen defense collaboration between them, media outlets reported December 4.
The deal between Korea Aerospace Industries (KAI) and Indonesia’s state-owned company PT Dirgantara Indonesia (PTDI) would establish closer ties necessary to strengthen ongoing collaboration as well as explore new areas.
“The agreement will pave the way for continued bilateral cooperation between the two companies and help them work together,” a KAI official told The Korea Times.
The deal, signed December 4, calls for expanding cooperation, including in the sectors of unmanned aircraft as well as the defense and commercial aviation industries. The two sides will also form a committee to discuss ways to promote greater collaboration and will hold biannual meetings.
Read the full story at The Diplomat