(NSI News Source Info) SEOUL, South Korea - July 17, 2010: 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 ministry’s Defense Acquisition Program Administration (DAPA), and his Indonesian counterpart Eris Herryanto.
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