• 2026.03.22 (Sun)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Business

South Korea, Indonesia Reaffirm Commitment to KF-21 Fighter Jet Project

Ana Fernanda Reporter / Updated : 2025-03-25 10:14:22
  • -
  • +
  • Print

JAKARTA – South Korean and Indonesian defense officials have solidified their commitment to the joint development of the KF-21 fighter jet, aiming to revitalize a project that has faced financial and logistical challenges.   

Seok Jong-gun, South Korea's Minister of the Defense Acquisition Program Administration (DAPA), and Donny Ermawan Taufanto, Indonesia's Deputy Minister of Defense, convened in Jakarta on Friday to discuss the future of the project and broader arms cooperation.   

The meeting comes after South Korea's decision last year to significantly reduce Indonesia's financial contribution to the advanced supersonic fighter's development. Originally, Indonesia agreed to fund approximately 20 percent of the 8.1 trillion won (US$5.5 billion) program, launched in 2015, totaling 1.6 trillion won (US$1.1 billion). However, due to repeated payment delays, the contribution was adjusted to 600 billion won (US$409 million), with the project's completion targeted for 2026.   

The collaborative effort, intended to provide Indonesia with technology transfers and a prototype model, had also been strained by allegations of technology leaks involving Indonesian engineers stationed in South Korea.   

"This high-level meeting, the first since the investigation into the Indonesian engineers, served as an opportunity to normalize bilateral arms cooperation that had experienced some strain," stated Minister Seok. He expressed optimism that the talks would serve as a "momentum" to broaden defense cooperation with Indonesia.

Deputy Minister Taufanto acknowledged the competitiveness of South Korean defense equipment, including the KT-1 and T-50 aircraft, and affirmed Indonesia's dedication to fulfilling contractual obligations and maintaining strong cooperative ties in various defense sectors, according to DAPA.   

The reaffirmation of commitment signals a renewed effort to ensure the successful completion of the KF-21 project and strengthen the defense partnership between the two nations.
소스 및 관련 콘텐츠

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #글로벌이코노믹타임즈
  • #한국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #mykorea
  • #newsk
  • #nammidonganews
  • #singaporenewsk
Ana Fernanda Reporter
Ana Fernanda Reporter

Popular articles

  • Tehran on the Brink: Scenarios of a U.S. Strike and the Looming Global Fallout

  • Google Unveils ‘Nano Banana 2’: Pro-Level Image AI Now Free for All

  • Samsung Display Resumes Development of Next-Gen 'QNED' Technology

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065575498799355 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Coway Clinches Top Honor at "Water Taste Awards" for 7th Consecutive Year
  • HP Targets Korea as Strategic Hub for 'Edge AI' Expansion, Seeking Startup Partnerships
  • Pearl Abyss’s 'Crimson Desert' Shatters Records with 2 Million Copies Sold on Day One
  • "BTS Over Books?" Indian Academies Issue Emergency Notices as Students Plot Mass Absences for Comeback Live
  • Naver to Shut Down Men's Fashion Service 'MR.' to Launch Expanded AI-Driven Fashion Platform
  • JBNU and SKKU Researchers Achieve Breakthrough in "Dream Material" MXene, Setting New World Records in Performance

Most Viewed

1
An Open Letter to BTS On the Eve of a Historic Performance
2
From Industrial Capital to Tourism Mecca... Ulsan Makes a Bold Move with ‘Experiential Content’ in 2026
3
Ko Sang-goo, President of World Federation of Korean Associations, Elected as First Private Sector Chair of World Korean Community Leaders Convention
4
It is Time for BTS’s Fandom, ARMY, to Step Forward
5
Korean Stock Market Plunges: Circuit Breaker and Sidecar Triggered Amid Geopolitical Crisis
광고문의
임시1
임시3
임시2

Hot Issue

Vishay Unveils Ultra-Compact 0404 RGB LED with Independent Chip Control for Enhanced Color Precision

Coway Clinches Top Honor at "Water Taste Awards" for 7th Consecutive Year

AI Medical Ecosystem in Focus: KIMES 2026 Opens in Seoul as Global Healthcare Hub

Netanyahu Declares Decisive Blow to Iran’s Nuclear and Missile Programs, Signals Early End to War

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 독도는우리땅
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers