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KAI Secures $1.76 Billion Deal for 20 KF-21 Jets

6/28/2025

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Summary

Story summary

Korea Aerospace Industries (KAI) has landed a monumental deal valued at KRW2.39 trillion ($1.76 billion) to manufacture 20 KF-21 fighter jets for the Republic of Korea Air Force, with the first deliveries set for late 2026. This ambitious project, managed by the Defense Acquisition Program Administration (DAPA), aims to complete a fleet of 40 jets by 2028.

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Story summary

Korea Aerospace Industries (KAI) has landed a monumental deal valued at KRW2.39 trillion ($1.76 billion) to manufacture 20 KF-21 fighter jets for the Republic of Korea Air Force, with the first deliveries set for late 2026. This ambitious project, managed by the Defense Acquisition Program Administration (DAPA), aims to complete a fleet of 40 jets by 2028.