Indonesia to Cut Contribution to South Korea Fighter Jet Project

INDONESIA - SEOUL. South Korea and Indonesia signed an agreement cutting down Indonesia's contribution in a South Korea-developed fighter jet project to about 600 billion won ($439 million), South Korea's defence procurement agency said on Friday.

South Korea's Defense Acquisition Program Administration (DAPA) said in a statement that DAPA and Indonesia's defence ministry officials signed an agreement this week concerning the KF-21 jet development project.