Indonesia has completed its payment of 600 billion won for the joint development of South Korea’s KF-21 fighter jet, according to Seoul officials.

The KF-21 fighter jet program is facing potential delays due to a significant increase in production costs. Concerns are growing that the rising expenses could impact the rollout schedule of the advanced aircraft.

South Korea's KF-21 fighter jet is attracting interest from countries like the UAE, Poland, and the Philippines, but this demand is creating a complex technology transfer dilemma for Korea.

South Korea's decade-long, multi-billion dollar project to develop the KF-21 Boramae fighter jet, jointly with Indonesia, is nearing completion, raising questions about its marketability and potential buyers.

South Korea's first homegrown KF-21 fighter jet has been granted flight safety certification by the government, according to the state arms procurement agency. The airworthiness certification was awarded on Monday.

South Korea's indigenously developed KF-21 Boramae fighter jet has successfully completed its final combat suitability test, marking a significant milestone in the nation's defense aviation program.

South Korea has agreed to transfer a prototype of its homegrown KF-21 Boramae fighter jet to Indonesia, effectively settling a long-running dispute over Jakarta’s delayed payments in their joint development program.

South Korean President Lee hailed the partnership between South Korea and Indonesia for the development of KF-21 fighter jets, calling it a 'model' for defense cooperation.

South Korea's Air Force plans to accelerate the retirement of its aging F-5 fighter jets by the end of 2027, as the country prepares for the deployment of its first domestically developed fighter jet, the KF-21.

Analysts suggest that South Korea's first home-grown combat aircraft, the KF-21, has a 'long way to go' to compete globally against advanced fighters from the US, Europe, and China, despite its recent rollout.

The South Korean government has reached an agreement to transfer a prototype of its KF-21 Boramae fighter jet to Indonesia, advancing their joint defense project.