"DS Investment assesses that the KF-21 contract to Indonesia will become the main catalyst for KAI, with a value of around KRW 3 trillion (±US$2.2 billion). BNK Investment states that negotiations have been completed and now it's just a matter of waiting for the administrative process before the...
Excerpts.
[Biz Korea] It has been confirmed that Indonesia has completed the payment of its contribution for the joint development of the Korean fighter jet, the KF-21. With the long-standing dispute over the contribution between Korea and Indonesia effectively coming to an end, it is expected...
"A recent report suggested that the first two Scorpene Evolved submarines for the Indonesian Navy (TNI AL), which will be constructed domestically by the state-owned company PT PAL Indonesia in East Java, will not have missile-launch capability from the outset. However, sources involved in the...
ILA 2026 – Indonesia M-346F contract to be signed in July
14/06/2026
By Alan Warnes
According to a senior PT E-Systems management source ‘the company will also integrate its own Indonesian designed Self Protection Jammer, integrate and qualify the Diehl IRIS-T short range air-to-air missile...
So will it be the Murasame Class Destroyer instead of the Asagiri Class?
"Looking at the Ministry of Defense's announcement of Minister of Defense Koisumi's visit to Indonesia, it seems they plan to export second-hand escort vessels to Indonesia while also establishing a maintenance base for...