Korea Aerospace Industries and Indonesia sign contract for KFX experimental fighter project

Korea Aerospace Industries (KAI) and the Indonesian government signed an agreement on 22 November to formalise proposed investment and workshare arrangements to support the development of the Korean Fighter Experimental (KFX) 4.5-generation fighter aircraft.

The agreement is framed by an accord signed by the governments of South Korea and Indonesia in October 2014 under which South Korea will pay 80% of the costs associated with the joint engineering and development phase of the KFX, with Indonesia paying the remaining 20%.