A landmark deal has been struck between Korea Aerospace Industries (KAI) and South Korea's Defense Acquisition Program Administration (DAPA), marking a significant leap forward for the nation's aerospace industry and military ambitions. The contract, valued at 1.96 trillion won (approximately $1.41 billion), signifies the official launch of full-scale production for the next-generation KF-21 fighter jet.
The KF-21, also known as the Boramae ("hawk" in Korean), represents the culmination of South Korea's long-held desire to develop an indigenous fighter jet capable of rivaling and surpassing the capabilities of the previously relied-upon KF-16s. This multi-role aircraft is envisioned as a replacement for the aging fleet of F-4 and F-5 fighters, serving as a testament to the country's technological prowess and its pursuit of self-reliance in national defense.
The KF-21 project is not without international collaboration. Indonesia plays a crucial role, contributing 20% of the total development cost (estimated at 8.8 trillion won) in exchange for technology transfer and the right to manufacture the aircraft domestically. This initial contract paves the way for the production of 20 KF-21 units. The agreement extends beyond just the jets themselves, encompassing comprehensive logistical support, technical manuals, and training programs to ensure the successful integration and operational readiness of the KF-21 fleet.
The KF-21's maiden flight occurred in July 2022, marking a major milestone in the project's timeline. With production officially underway, the first deliveries are expected by the end of 2026, with all 20 units delivered by August 2027. Industry experts anticipate the KF-21 to be highly competitive in the global market due to factors like its price, maintenance costs, and overall performance. This venture represents a strategic win for South Korea, solidifying its position as a leading player in the aerospace industry and bolstering its national defense capabilities with a domestically produced fighter jet. The success of the KF-21 program has the potential to pave the way for future advancements in South Korean military technology.