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Sunday, June 09, 2013

KFX remains paper jet fighter

KFX Artist ImpressionIndonesia’s dream of operating a fleet of sophisticated jet fighters it helps build will not come true anytime soon. Under the new administration, South Korea has postponed the joint project to develop KFX/IFX jet fighters.

The project was initiated on March 9, 2009, after the governments of Indonesia and South Korea signed a letter of intent. At least US$5 billion was to be spent over 10 years on this project.

Indonesia was to cover only 20 percent of the cost, while the rest was to be paid by South Korea. Although only contributing 20 percent of the cost, Indonesia is committed to being involved in any single process including technology development phase (TDP), engineering and manufacturing development phase, joint production and marketing.

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