Search This Blog

Friday, July 18, 2014

South Korea military chiefs endorse $8.2 billion development plan for home-built fighters

KFX-ESouth Korea's Joint Chiefs of Staff endorsed a plan on Friday for the country to design its own mid-level fighter jet, which a state think tank estimated will cost up to 8.5 trillion won ($8.24 billion) to develop.

Dubbed the KF-X program, the fighter jet is expected to be built by the country's sole jet builder, Korea Aerospace Industries Ltd (KAI), after being co-developed with Lockheed Martin Corp, two people with direct knowledge of the matter said.

The Joint Chiefs said in a statement that they had endorsed a twin-engine fighter jet to be developed for delivery starting in 2025.

Read more
om

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.