South Korea to start serial production of KF-21 Boramae fighter in 2024

South Korea is ready to start production of the KF-21 fighter jet this year, as announced by the state arms acquisition agency. This development marks a significant achievement in South Korea’s pursuit of developing an advanced indigenous fighter aircraft.

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The Defense Acquisition Program Administration (DAPA) aims to finalize a contract with Korea Aerospace Industries (KAI), the jet’s manufacturer, in the first half of the year. This contract will facilitate large-scale production of the KF-21.

Initiated in 2015, the fighter development project aims to incorporate 120 KF-21s into the South Korean Air Force by 2032. These aircraft are intended to replace the aging fleets of F-4 and F-5.

Progress of Testing

DAPA reported that the test flights of the six KF-21 prototypes were successful, including supersonic flights and weapon separation tests. Testing will continue throughout the year, with a prototype undergoing extreme weather testing at the Defense Development Agency’s facility in Seosan.

Funding and Financial Challenges

Initially launched in conjunction with Indonesia, the KF-21 Boramae program eventually became a project largely sustained by the South Korean state, given the serious financial difficulties of the associated country.

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The project, valued at $6.1 billion until 2026, faces challenges due to delayed payments from Indonesia, totaling nearly $760 million as of October 2023. The cost-sharing agreement has Seoul paying around 60%, with Jakarta and KAI covering around 20% each.

DAPA confirms ongoing negotiations with Jakarta for an updated payment plan for the project.