South Korea to Transfer KF-21 Fighter Jet Prototype to Indonesia, Resolving Funding Dispute
South Korea has agreed to transfer a prototype of its homegrown KF-21 Boramae fighter jet to Indonesia, effectively settling a long-running dispute over Jakarta’s delayed payments in their joint development program.
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S. Korea to transfer KF-21 prototype to Indonesia after funding dispute
South Korea has agreed to transfer a prototype of the homegrown KF-21 Boramae fighter jet to Indonesia, settling a long-running dispute over Jakarta’s delayed payments in the joint development program, according to government data submitted to lawmakers on Monday. The Defense Acquisition Program Administration said in a report to lawmakers that Seoul and Jakarta reached a working-level agreement in February on a revised “value transfer” package tied to Indonesia’s reduced financial contribution
By The Korea Herald
Read full article →S. Korea mulling transfer of 1 KF-21 prototype to Indonesia - Yonhap News Agency
S. Korea mulling transfer of 1 KF-21 prototype to Indonesia Yonhap News Agency
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