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Analysis Why South Korea’s export plans for its advanced fighter jet faces challengesAs Seoul tackles partnership issues, the KF-21 jet becomes a critical element of its defense strategy South Korea’s National Assembly has committed about $183 million (239 billion won) to the 2024 defense budget for the production of 40 KF-21 Boramae fighter jets despite facing significant challenges, including tensions over Indonesia’s participation in the program. This funding decision, crucial for Korea Aerospace Industries (KAI), aims to kickstart production next year but comes amid debates about halving the initial batch due to design concerns. It also potentially impacts the program’s international appeal and economies of scale. This allocation comes after a period of uncertainty in which no funds were designated for the KF-21, pending an evaluation by the © Korea Risk Group. All rights reserved. |





