Posted on 07/15/2010 10:22:28 PM PDT by ErnstStavroBlofeld
Indonesia agreed on Thursday to join a South Korean project to develop a new fighter jet which has been delayed for years by technical and budget problems.
Indonesia will acquire about 50 of the KF-X fighters in return for shouldering 20 percent of the development costs in the multi-million dollar project, the South Korean defense ministry said.
The two sides also agreed to work together in production and marketing.
The deal was signed in Seoul by Byun Moo-Keun, commissioner for the ministrys Defense Acquisition Program Administration (DAPA), and his Indonesian counterpart Eris Herryanto.
South Korea launched the project in 2000 to produce home-built fighters equipped with stealth capabilities.
After delays due to questions about its economic and technical feasibility, President Lee Myung-Bak agreed in January to push ahead with the project amid growing tensions with North Korea.
South Korea plans to decommission all of its ageing F-4 and F-5 fighter jets by 2020. Yonhap news agency said around 170 F-5s operate in South Korea.
The planes, first flown in South Korea in 1975, have suffered a number of crashes.
Exploratory development will start next year, and we plan to produce the new fighter jets after a final feasibility study in late 2012, a DAPA spokesman told AFP.
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