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DAPA confirms cost adjustments to KF-21 development programme

by Alessandra Giovanzanti

DAPA confirmed to Janes that Indonesia's cost share for the KF-21 fighter aircraft (seen here) has been reassessed and lowered by KRW100 billion. (Korea Aerospace Industries)

The overall cost of the engineering and manufacturing development (EMD) phase of the KF-21/IF-X multirole fighter aircraft programme has been adjusted from approximately KRW8.6 trillion (USD7.2 billion) to KRW8.1 trillion (USD6.8 billion), South Korea's Defense Acquisition Program Administration (DAPA) told Janes.

A DAPA spokesperson confirmed to Janes on 24 November that, because the KF-21 has been designated as a ‘defence article' and therefore is exempt from value-added taxes, the EMD cost had been adjusted and is now being reflected in the cost-sharing agreement between South Korea and Indonesia.

DAPA said that Indonesia's cost share for the KF-21/IF-X development programme will total approximately KRW1.6 trillion (USD1.35 billion), KRW100 billion lower than initially estimated. The South Korean cost share will also be adjusted accordingly.


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https://www.janes.com/defence-news/dapa-confirms-cost-adjustments-to-kf-21-development-programme/

The overall cost of the engineering and manufacturing development (EMD) phase of the KF-21/IF-X mult...

DAPA confirms cost adjustments to KF-21 development programme

by Alessandra Giovanzanti

DAPA confirmed to Janes that Indonesia's cost share for the KF-21 fighter aircraft (seen here) has been reassessed and lowered by KRW100 billion. (Korea Aerospace Industries)

The overall cost of the engineering and manufacturing development (EMD) phase of the KF-21/IF-X multirole fighter aircraft programme has been adjusted from approximately KRW8.6 trillion (USD7.2 billion) to KRW8.1 trillion (USD6.8 billion), South Korea's Defense Acquisition Program Administration (DAPA) told Janes.

A DAPA spokesperson confirmed to Janes on 24 November that, because the KF-21 has been designated as a ‘defence article' and therefore is exempt from value-added taxes, the EMD cost had been adjusted and is now being reflected in the cost-sharing agreement between South Korea and Indonesia.

DAPA said that Indonesia's cost share for the KF-21/IF-X development programme will total approximately KRW1.6 trillion (USD1.35 billion), KRW100 billion lower than initially estimated. The South Korean cost share will also be adjusted accordingly.


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Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/dapa-confirms-cost-adjustments-to-kf-21-development-programme/

The overall cost of the engineering and manufacturing development (EMD) phase of the KF-21/IF-X mult...

DAPA confirms cost adjustments to KF-21 development programme

by Alessandra Giovanzanti

DAPA confirmed to Janes that Indonesia's cost share for the KF-21 fighter aircraft (seen here) has been reassessed and lowered by KRW100 billion. (Korea Aerospace Industries)

The overall cost of the engineering and manufacturing development (EMD) phase of the KF-21/IF-X multirole fighter aircraft programme has been adjusted from approximately KRW8.6 trillion (USD7.2 billion) to KRW8.1 trillion (USD6.8 billion), South Korea's Defense Acquisition Program Administration (DAPA) told Janes.

A DAPA spokesperson confirmed to Janes on 24 November that, because the KF-21 has been designated as a ‘defence article' and therefore is exempt from value-added taxes, the EMD cost had been adjusted and is now being reflected in the cost-sharing agreement between South Korea and Indonesia.

DAPA said that Indonesia's cost share for the KF-21/IF-X development programme will total approximately KRW1.6 trillion (USD1.35 billion), KRW100 billion lower than initially estimated. The South Korean cost share will also be adjusted accordingly.


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Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/dapa-confirms-cost-adjustments-to-kf-21-development-programme/

The overall cost of the engineering and manufacturing development (EMD) phase of the KF-21/IF-X mult...

DAPA confirms cost adjustments to KF-21 development programme

by Alessandra Giovanzanti

DAPA confirmed to Janes that Indonesia's cost share for the KF-21 fighter aircraft (seen here) has been reassessed and lowered by KRW100 billion. (Korea Aerospace Industries)

The overall cost of the engineering and manufacturing development (EMD) phase of the KF-21/IF-X multirole fighter aircraft programme has been adjusted from approximately KRW8.6 trillion (USD7.2 billion) to KRW8.1 trillion (USD6.8 billion), South Korea's Defense Acquisition Program Administration (DAPA) told Janes.

A DAPA spokesperson confirmed to Janes on 24 November that, because the KF-21 has been designated as a ‘defence article' and therefore is exempt from value-added taxes, the EMD cost had been adjusted and is now being reflected in the cost-sharing agreement between South Korea and Indonesia.

DAPA said that Indonesia's cost share for the KF-21/IF-X development programme will total approximately KRW1.6 trillion (USD1.35 billion), KRW100 billion lower than initially estimated. The South Korean cost share will also be adjusted accordingly.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/dapa-confirms-cost-adjustments-to-kf-21-development-programme/

The overall cost of the engineering and manufacturing development (EMD) phase of the KF-21/IF-X mult...

DAPA confirms cost adjustments to KF-21 development programme

by Alessandra Giovanzanti

DAPA confirmed to Janes that Indonesia's cost share for the KF-21 fighter aircraft (seen here) has been reassessed and lowered by KRW100 billion. (Korea Aerospace Industries)

The overall cost of the engineering and manufacturing development (EMD) phase of the KF-21/IF-X multirole fighter aircraft programme has been adjusted from approximately KRW8.6 trillion (USD7.2 billion) to KRW8.1 trillion (USD6.8 billion), South Korea's Defense Acquisition Program Administration (DAPA) told Janes.

A DAPA spokesperson confirmed to Janes on 24 November that, because the KF-21 has been designated as a ‘defence article' and therefore is exempt from value-added taxes, the EMD cost had been adjusted and is now being reflected in the cost-sharing agreement between South Korea and Indonesia.

DAPA said that Indonesia's cost share for the KF-21/IF-X development programme will total approximately KRW1.6 trillion (USD1.35 billion), KRW100 billion lower than initially estimated. The South Korean cost share will also be adjusted accordingly.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/dapa-confirms-cost-adjustments-to-kf-21-development-programme/

The overall cost of the engineering and manufacturing development (EMD) phase of the KF-21/IF-X mult...

DAPA confirms cost adjustments to KF-21 development programme

by Alessandra Giovanzanti

DAPA confirmed to Janes that Indonesia's cost share for the KF-21 fighter aircraft (seen here) has been reassessed and lowered by KRW100 billion. (Korea Aerospace Industries)

The overall cost of the engineering and manufacturing development (EMD) phase of the KF-21/IF-X multirole fighter aircraft programme has been adjusted from approximately KRW8.6 trillion (USD7.2 billion) to KRW8.1 trillion (USD6.8 billion), South Korea's Defense Acquisition Program Administration (DAPA) told Janes.

A DAPA spokesperson confirmed to Janes on 24 November that, because the KF-21 has been designated as a ‘defence article' and therefore is exempt from value-added taxes, the EMD cost had been adjusted and is now being reflected in the cost-sharing agreement between South Korea and Indonesia.

DAPA said that Indonesia's cost share for the KF-21/IF-X development programme will total approximately KRW1.6 trillion (USD1.35 billion), KRW100 billion lower than initially estimated. The South Korean cost share will also be adjusted accordingly.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/dapa-confirms-cost-adjustments-to-kf-21-development-programme/

The overall cost of the engineering and manufacturing development (EMD) phase of the KF-21/IF-X mult...

DAPA confirms cost adjustments to KF-21 development programme

by Alessandra Giovanzanti

DAPA confirmed to Janes that Indonesia's cost share for the KF-21 fighter aircraft (seen here) has been reassessed and lowered by KRW100 billion. (Korea Aerospace Industries)

The overall cost of the engineering and manufacturing development (EMD) phase of the KF-21/IF-X multirole fighter aircraft programme has been adjusted from approximately KRW8.6 trillion (USD7.2 billion) to KRW8.1 trillion (USD6.8 billion), South Korea's Defense Acquisition Program Administration (DAPA) told Janes.

A DAPA spokesperson confirmed to Janes on 24 November that, because the KF-21 has been designated as a ‘defence article' and therefore is exempt from value-added taxes, the EMD cost had been adjusted and is now being reflected in the cost-sharing agreement between South Korea and Indonesia.

DAPA said that Indonesia's cost share for the KF-21/IF-X development programme will total approximately KRW1.6 trillion (USD1.35 billion), KRW100 billion lower than initially estimated. The South Korean cost share will also be adjusted accordingly.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/dapa-confirms-cost-adjustments-to-kf-21-development-programme/

The overall cost of the engineering and manufacturing development (EMD) phase of the KF-21/IF-X mult...

DAPA confirms cost adjustments to KF-21 development programme

by Alessandra Giovanzanti

DAPA confirmed to Janes that Indonesia's cost share for the KF-21 fighter aircraft (seen here) has been reassessed and lowered by KRW100 billion. (Korea Aerospace Industries)

The overall cost of the engineering and manufacturing development (EMD) phase of the KF-21/IF-X multirole fighter aircraft programme has been adjusted from approximately KRW8.6 trillion (USD7.2 billion) to KRW8.1 trillion (USD6.8 billion), South Korea's Defense Acquisition Program Administration (DAPA) told Janes.

A DAPA spokesperson confirmed to Janes on 24 November that, because the KF-21 has been designated as a ‘defence article' and therefore is exempt from value-added taxes, the EMD cost had been adjusted and is now being reflected in the cost-sharing agreement between South Korea and Indonesia.

DAPA said that Indonesia's cost share for the KF-21/IF-X development programme will total approximately KRW1.6 trillion (USD1.35 billion), KRW100 billion lower than initially estimated. The South Korean cost share will also be adjusted accordingly.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/dapa-confirms-cost-adjustments-to-kf-21-development-programme/

The overall cost of the engineering and manufacturing development (EMD) phase of the KF-21/IF-X mult...

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