Korea Aerospace Industries
Coverage of Korea Aerospace Industries in the Nexus archive.
- Indonesia drops KF-21 co-production plans, eying stock warplanes instead
Indonesia has abandoned its co-production agreement with South Korea for the KF-21 Boramae fighter jets due to delayed payments and data theft allegations. The revised deal includes a reduced financial commitment of 600 million won and limited technology transfer, with Jakarta now prioritizing the purchase of ready-made jets instead of domestic production.
- Trump is tired of arming allies. This country is stepping up.
The article traces South Korea's rise as a major global arms exporter, linking its defense industry growth to Nixon's 1969 policy shift that reduced U.S. military support in Asia. South Korea now ranks as the world's ninth-largest arms exporter and second-largest supplier to European NATO members, with defense companies projecting $37 billion in revenue by 2026.