Indonesia and South Korea have successfully finalized a revised agreement for the KF-21 Boramae fighter jet program, securing Indonesia's continued participation and delivery of 48 aircraft while dramatically reducing Jakarta's financial commitment from the original 1.6 trillion won to 600 billion won ($438 million).
The Defense Acquisition Program Administration (DAPA) confirmed that the new deal maintains Indonesia's position as the sole international partner in the KF-21 program, with the updated contract requiring Indonesia to pay 30 billion won ($21.9 million) within 90 days of signing.
Indonesia has already transferred 9.4 billion won ($6.86 million) as an initial payment toward the revised agreement, demonstrating its commitment to preserving the strategic defense partnership despite earlier payment difficulties that threatened the collaboration.
The renegotiated terms include provisions allowing Indonesia to settle part of its contractual obligations through alternative arrangements while maintaining access to 48 KF-21 aircraft, ensuring the Southeast Asian nation's modernization of its air force capabilities.
This breakthrough agreement signed at IndoDefense 2025 not only salvages the joint production partnership but also serves as a framework model for future international defense cooperation, potentially supporting South Korea's broader KF-21 export ambitions in global markets.
