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| A Model of the KF-X Fighter (File Photo) |
SEOUL — Indonesia signed a $1.3 billion deal with South Korea on Thursday to jointly develop Seoul's next-generation fighter jets, the South's aircraft manufacturer said.
Under the deal signed with Korea Aerospace Industries (KAI), Indonesia's Defence Ministry will invest about 1.6 trillion won (US $1.3 billion) in the Korean Fighter Experimental (KF-X) program.
The program is aimed at producing new, homegrown fighter jets to replace the South's aged fleet of F-4 and F-5 fighters imported from the US.
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