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| A model of the KFX Fighter (File Photo) |
6 prototypes will be produced by 2021
By Jun Ji-hye
Korea officially kicked off a project to develop indigenous high-tech fighter jets, Thursday, with the goal of producing six prototypes by 2021 and completing development by 2026.
Officials from all entities involved held their first meeting at the headquarters of Korea Aerospace Industries (KAI), the main contractor, in Sacheon, South Gyeongsang Province.
They are the Defense Acquisition Program Administration (DAPA), the U.S. defense giant Lockheed Martin, the Indonesian Defense Ministry and Indonesia's state-run defense firm PT Dirgantara Indonesia (PTDI).
The government plans to spend 8.5 trillion won in the development of the KF-X, and an additional 10 trillion won to produce 120 jets by 2032 to replace the Air Force's aging fleet of F-4s and F-5s.
Read the full story at Korea Times