During President Lee Jae-myung's state visit to Mexico, the two governments signed 17 agreements on September 25, 2026 covering critical minerals, artificial intelligence, defense, and space, including a bilateral defense cooperation memorandum. Separately, Korea Aerospace Industries, POSCO International, and Mexico's aerospace industry federation FEMIA signed a memorandum on operations and maintenance technology for the FA-50, unmanned aerial vehicles, and satellites. Mexico has no FA-50 on order, and the agreement is framed as a first step toward an eventual sale of the light combat aircraft to the Mexican Air Force, which still operates aging F-5s.
The Defense Acquisition Program Administration issued a tender, reported September 24, 2026, for a 14-month, roughly 900 million won concept study of a Korean next-generation fighter covering manned-unmanned teaming, broadband L-, S-, and X-band stealth, a tailless configuration, an adaptive variable-cycle engine, and internal weapons bays. Some officials instead favor a fifth-generation-class KF-21 upgrade, referred to as KF-21EX-T, arguing that a nearer-term evolution of the Boramae would keep the type competitive in export campaigns in Indonesia, the Middle East, and Southeast Asia while a clean-sheet sixth-generation design would not fly until the 2040s. The tender formalizes the request for proposals DAPA released on August 21.
Korea Aerospace Industries handed over the first production KF-21 Boramae to the Republic of Korea Air Force on September 22, 2026, ten years and nine months after system development began in December 2015. The two-seat Block I aircraft, flown by Maj. Han Jae-seok, departed KAI's Sacheon plant escorted by an FA-50, a TA-50, and a T-50 and landed at Yecheon Air Base, where it joins the 156th Fighter Squadron of the 16th Fighter Wing, reactivated on June 1, 2026 for the type. The Air Force plans to declare operational capability in the second half of 2027, field 40 Block I aircraft by 2028 and 80 Block II by 2032, and eventually operate more than 100 KF-21s. Sources differ on the tail number, reported as either 25-001 or 26-001.
Korea Aerospace Industries and Poland's Ministry of National Defence signed a contract amendment, reported September 21, 2026, that moves the first FA-50PL delivery from November 2025 to mid-2027 and the completion of all 36 FA-50PL aircraft from late 2028 to early 2029. The delay stems from integrating a US-supplied AESA radar and AIM-9X missiles, which depends on US foreign military sales and export approvals. The 12 FA-50GF gap-filler aircraft delivered in 2023 are unaffected, as is Malaysia's FA-50M program, whose first deliveries are scheduled from October 2026.
Korea Aerospace Industries and PT Dirgantara Indonesia signed an industrial cooperation agreement, reported September 21, 2026, under which PTDI will build 15 percent of KF-21 airframe components. Both companies are still pursuing a contract with Indonesia's Ministry of Defence for 16 KF-21s worth about $2.9 billion (KRW 4.01 trillion), announced during President Prabowo's March 2026 visit but not yet signed. Indonesia completed its KRW 600 billion development-cost share on June 25, 2026, and the first three jets are expected in late 2028 or early 2029. Next milestone: contract signing, date unknown.
The Ministry of National Defense held its first Defense Drone Technology Exhibition at the Seungjin training ground in Pocheon, Gyeonggi, on September 16, 2026, opening a military range so private firms could prove their systems. Six of 17 demonstrations failed: a Korea Aerospace Industries medium jet-powered unmanned aircraft crashed right after takeoff, a second KAI aircraft lost its signal in flight, a direct-impact attack drone crashed, and a drone-launched air-to-ground guided missile missed its target. Military officials from the UAE and Saudi Arabia were among the visitors. Authorities are investigating radio-frequency interference from the large crowd as a likely cause, and a ministry official said the results were "a process of developing better technology rather than failure." The episode followed an August 25 Navy experiment in which an Agency for Defense Development loitering munition fell into the sea seconds after launch on both attempts. Analysts are calling for more test ranges and flight opportunities, R&D funding concentrated on competitively selected firms, a rebuilt domestic supply chain, and long-term procurement commitments.
Korea Aerospace Industries opened its KF-21 Boramae final assembly line in Sacheon to reporters on September 15, 2026, ahead of the first delivery to the Republic of Korea Air Force expected around the end of September during the Chuseok holiday period. About eight production aircraft are due to be handed over in 2026, with the first 40 Block I fighters complete by 2028 and a further 80 by 2032 for a planned fleet of 120. Roughly 30 technicians assemble each airframe largely by hand over about six months on a line sized for more than 20 aircraft per year, routing some 40 kilometers of wiring per jet and drilling 3,400 holes to join wings to fuselage at a tolerance of one-thousandth of an inch. KAI noted that its trainer and fighter programs, from the KT-1 and T-50 through the FA-50 and KF-21, have logged 10,000 cumulative test-flight hours since 2005 without an accident, and said it is preparing additional production capacity should export demand from Indonesia, the UAE, the Philippines, Malaysia, or Peru exceed the current line. Separately, KAI is beginning to fabricate parts this month to convert an FA-50 prototype into a single-seat variant with extra fuel in place of the rear cockpit, targeting ground tests in 2028.
Korea Aerospace Industries was the only Korean exhibitor at the Egypt International Airshow in El Alamein on September 8 to 10, 2026, where it marketed the FA-50 and a KF-21 and FA-50 high-low mix to the Egyptian Air Force. Egypt is running an acquisition for 36 advanced trainer and light-attack aircraft, a program in which the FA-50 competes against Western and Chinese types. No contract progress has been reported, and earlier talk of a deal for up to 100 aircraft is not supported by current reporting. Next milestone: a downselect or contract, timing unknown.
South Korea's leading defense companies are exhibiting at MSPO 2026, one of Europe's three largest defense shows, held September 8-11 in Kielce, Poland. Hanwha Aerospace and Hanwha Systems share a 274-square-meter booth under the slogan "Proven Partnership, Strategic Capabilities, Sovereign Defence," showing a multi-layered air defense lineup (L-SAM, H-SHORAD, H-Shield counter-drone, 40mm unmanned air defense), laser weapons including the Cheonkwang anti-aircraft laser and 50kW and 20kW mobile laser vehicles, the K9A2 howitzer, K-NIFV, unmanned ground systems, and the Striker-S unmanned surface vessel with a Chunmoo launcher; Hanwha Systems will demonstrate an AI satellite-imagery analysis solution on September 9. LIG Defense & Aerospace is presenting Cheongung-II, L-SAM, and the KGGB guided glide bomb, targeting Poland's multi-layered air defense and precision-munitions programs. SNT Dynamics and SNT Motiv are showing a 120mm vehicle-mounted mortar, a three-barrel 20mm remote weapon station, a 1,500-1,700 hp tank powerpack, and small arms including the K2C, K16, and K4, pitching integrated MRO and product-support packages. Hyundai Rotem is attending for the fifth consecutive year and KAI is also present, with the Korean delegation expected to review K2, K9, and FA-50 contract execution and expanded post-sale support with Polish counterparts.
Korea's four largest defense companies — Hanwha Aerospace, Hyundai Rotem, KAI, and LIG Nex1 — are projected to post combined 2026 sales of about 49.76 trillion won (~$36 billion), with combined order backlogs of up to 98.46 trillion won, Seoul Economic Daily reported on September 2, 2026. New orders from core Western markets, notably the US Army K9MH prototype award and the Spain K9 contract, arrived in the second half after a slow first seven months, and further K2 and K9 orders are expected around the MSPO exhibition in Poland in September. The figures underline how quickly the sector has scaled: the Big Four's combined sales are approaching 50 trillion won only four years after the 2022 Poland mega-deals reset expectations for K-defense.
Hanwha, LIG Defense & Aerospace, Hyundai Rotem, and Korea Aerospace Industries were all ranked in the 2026 Defense News Top 100 list of the world's largest defense companies for a second consecutive year, according to Korea Times reporting on September 1, 2026. Hanwha climbed six places to No. 16 on sharply higher 2025 defense revenue, consolidating its position as the largest Korean defense group and one of the fastest-rising firms in the ranking. The showing reflects the export boom driven by Poland, the Middle East, and Australia, and places Korea alongside the US, Europe, China, and Japan among countries with multiple companies in the top tier.
The Korea Fair Trade Commission approved Hanwha Group's combined 15.89% stake in Korea Aerospace Industries on August 31, 2026, concluding that Hanwha cannot currently exercise sole control over KAI. The holding comprises 9.90% at Hanwha Aerospace, 4.98% at Hanwha Systems, and 1.01% at Hanwha Aerospace USA; the Export-Import Bank of Korea remains the largest shareholder at 26.41%. The regulator said a fresh business-combination review will be required if Hanwha becomes the largest shareholder, secures the CEO position, or takes more than one-third of board seats. The decision removes the immediate antitrust obstacle to Hanwha's vertical alignment with KAI, which it supplies with engines, radar, avionics, and weapons, while KAI's union continues to oppose any management participation.
Korean defense export orders totaled roughly $8 billion through the end of July 2026 — about half the pace of the prior year, against full-year totals of $13.5 billion in 2023, $9.6 billion in 2024, and $15.4 billion in 2025. Backlogs at three of the Big Four (Hyundai Rotem, KAI, LIG D&A) have started to contract, with only Hanwha Aerospace still growing. Analysts tie the slowdown to buyer-nation "domestic-first" procurement policies, deeper localization and technology-transfer demands, and slipping timelines on Middle East mega-packages. A parallel critique published the same week argues Korea still lacks an export control tower with real authority: the Defense Industry Development Act names the DAPA commissioner as export-support coordinator, but the role requires Ministry of National Defense sign-off and can only "request" action from other agencies, leaving decision rights scattered. DAPA's export-support budget rose 53.8% to 391.1 billion won this year, yet only 2.5 billion won (0.6%) went to workforce development, and just 135 of 17,027 military alternative-service placements went to the defense industry.
KAI and Hyundai Rotem signed a memorandum of understanding at KAI headquarters in Sacheon on August 12 covering joint development and systems integration of advanced airborne munitions with aircraft platforms including the KF-21, plus combined aircraft-and-weapons export packages. Hyundai Rotem takes guided-weapons and propulsion technologies; KAI supplies aircraft-platform integration. The underlying long-range air-to-air missile program is led by the Agency for Defense Development, runs from 2026 to 2033 following Defense Project Promotion Committee approval in late 2025, and is intended to cut ROKAF dependence on imported beyond-visual-range missiles such as the MBDA Meteor. This is KAI's third major weapons-integration partnership of 2026, after agreements with Hanwha Aerospace and LIG Nex1 signed in February at the World Defense Show in Riyadh.
Hanwha Group disclosed on August 10 that its combined holding in Korea Aerospace Industries has reached 15.89% — Hanwha Aerospace 9.90%, Hanwha Systems 4.98%, and Hanwha Aerospace USA 1.01% — and filed for a business-combination review with the Fair Trade Commission. The move follows Hanwha Systems' announcement in July that it would spend 500 billion won ($362 million) buying KAI shares on the open market, which added roughly 3.45%. Hanwha remains the second-largest shareholder behind the Export-Import Bank of Korea at 26.41%. The antitrust question is vertical: Hanwha supplies aircraft engines, radar, avionics, and weapons, while KAI performs final assembly of fighters and helicopters. KAI's labor union has urged the FTC to block the combination, warning of an "all-out fight" if management participation is approved. Analysts frame the stake build-up as a cornerstone of Hanwha's 55 trillion won "AI Space Powerhouse" investment plan through 2040 and as positioning ahead of any future KAI privatization.
Korean defense companies entered the second half of 2026 in an all-out push for large overseas orders beyond Europe, with 2026 exports projected to reach a record ~$37.7 billion (KRW 56 trillion). Hanwha is pursuing a Saudi Arabian package worth up to KRW 20 trillion bundling the K9 self-propelled howitzer, Redback IFV, Tigon wheeled armored vehicle, and Cheongeom air-to-ground missile. KAI is negotiating an FA-50 sale to Egypt worth roughly KRW 2 trillion with a contract targeted within 2026, while Hyundai Rotem awaits K2 decisions from Iraq, Romania, and Morocco. The pipeline shifts K-defense's center of gravity from the Poland-led European boom toward the Middle East, Latin America, and Southeast Asia.
With KF-21 system development formally complete, KAI said the first two production Boramae fighters are undergoing verification flights and are expected to be handed to the Republic of Korea Air Force around September-October 2026, with eight jets due by year-end. The company is also positioning for a follow-on production order from Seoul beyond the initial 20-aircraft Block I contract, while export talks with Indonesia continue despite Jakarta scaling back its commitment. The first delivery will mark the KF-21's transition from development program to operational fighter, a decisive proof point for export campaigns in the Middle East, Southeast Asia, and Europe.
Korea Aerospace Industries and the Defense Acquisition Program Administration held the KF-21/IF-X System Development Completion Ceremony at KAI headquarters in Sacheon, South Gyeongsang, on July 29, 2026, formally closing the roughly ten-year development program launched in 2015. About 300 people attended, including DAPA Minister Lee Yong-chul, Ministry of National Defense, Agency for Defense Development and ROK Air Force officials, representatives of some 500 domestic partner companies, defense ministry and PTDI officials from co-development partner Indonesia, and technical partner Lockheed Martin. The program completed basic and detailed design, prototype manufacturing, ground testing and flight testing, logging more than 1,600 flight trials and verifying over 13,000 test conditions without a single accident, and passed combat suitability certification in May 2026 followed by initial type certification. The 8.8 trillion won ($6.04 billion) effort, begun to replace ageing F-4 and F-5 fleets, now moves into full-rate production: the first mass-production aircraft is scheduled for delivery to the ROK Air Force around September 2026, with an initial batch of 40 air-to-air-capable jets by 2028 and a further 80 enhanced aircraft by 2032 toward a 120-aircraft target.
Indonesia has shifted from co-producing the KF-21 to buying finished aircraft, materially narrowing what was meant to be the program's anchor export. Jakarta cut its development cost contribution to 600 billion won and reduced the scope of technology transfer, and its expected purchase volume has fallen to roughly 16 units worth about 3 trillion won — down from the original plan of 48 aircraft assembled domestically. Budget constraints drove the retreat, and Indonesia has simultaneously signed for Italian M-346FA light combat aircraft while reportedly weighing French Rafales, U.S. F-15s, Turkish Kaan fighters, and Chinese J-10Cs. KAI President Kim Jong-chul has said negotiations across Southeast Asia and the Middle East exceed 200 units, with the Philippines, UAE, and Malaysia also in discussions, but analysts frame the Indonesian outcome as the first real test of whether Korea can convert KF-21 interest into finished-aircraft exports.
South Korea's KF-21 Boramae supersonic fighter has formally completed its system development phase, closing out roughly ten years of prototype manufacturing and flight testing that began in 2015. The Defense Acquisition Program Administration scheduled a "KF-21/IF-X System Development Completion Ceremony" for July 29 at Korea Aerospace Industries in Sacheon, Gyeongnam, with Ministry of National Defense, Joint Chiefs of Staff, and Air Force officials attending alongside Indonesian defense and embassy representatives from the co-development partner. The milestone moves the program into full-rate production and export marketing: the ROK Air Force plans to induct roughly 120 aircraft by 2032, with about 10 this year, 30 by 2028, 40 by 2030, and 40 by 2032. Block-II upgrades covering engine, avionics, and weapons integration are targeted for completion by 2028. The first mass-production aircraft rolled out on March 25, 2026, and Air Force deliveries of air-to-air-capable Block-I jets begin in the second half of 2026.
A Korean defense-industry official said the KF-21 Boramae's first export contract "will be announced soon," with Indonesia (reportedly around 16 units, roughly 3 trillion won), the UAE, the Philippines, and Malaysia cited as leading candidates; KAI President Kim Jong-chul said talks covering 200-plus aircraft are underway. Full-scale mass production is running, and the first mass-produced KF-21 is due to be delivered to the Republic of Korea Air Force in September 2026. KAI plans a "KF-21/IF-X System Development Completion Ceremony" in late July. No binding export contract has been signed yet — the first-customer decision remains a watch item.
Hanwha Aerospace and Korea Aerospace Industries (KAI) formalized a comprehensive partnership to advance Korea's defense and aerospace businesses across four pillars: joint development and export promotion of unmanned aircraft, development and joint marketing of aircraft integrating domestically produced engines and radars, joint entry into the global commercial space market, and cultivation of the defense/aerospace industrial ecosystem and regional supply chains. The two companies pledged to jointly discover and nurture SMEs and startups in the Gyeongnam cluster (Changwon, Geoje, Sacheon), providing annual technology support worth 300 billion won through joint R&D organizations. Industry watchers framed the tie-up — backed by Hanwha's roughly 2.5 trillion won investment in KAI shares — as assembling an air-land-sea integrated defense powerhouse aimed at the global export market, with a KF-21 export package seen as an early priority.
Hanwha Group's combined stake in Korea Aerospace Industries (KAI) rose to 11.21% as of June 30 — counting Hanwha Aerospace, Hanwha Systems, and Hanwha Aerospace USA — and is set to climb above 15%, reviving speculation that Hanwha is positioning for a potential privatization of Korea's largest aircraft manufacturer. Hanwha had overtaken the National Pension Service in June to become KAI's second-largest shareholder behind the Export-Import Bank of Korea (26.41%). Analysts interpret the steady accumulation as a move to preemptively secure shares and take an active role in KAI management, building toward an integrated air-land-sea defense ecosystem. The stake-building runs parallel to a newly formalized Hanwha–KAI business partnership.
Hanwha Group raised its combined stake in Korea Aerospace Industries (KAI) to 9.04%, becoming the second-largest shareholder after the Export-Import Bank of Korea (26.41%). Hanwha Aerospace acquired 3.02 million shares for 499.9 billion won ($332 million) to reach a 6.5% direct stake, while Hanwha Systems holds 1.53% and Hanwha Aerospace USA holds 1.01%. The group plans to continue purchasing shares through year-end with a target exceeding 12%, aiming to create an integrated defense ecosystem spanning aircraft, weapons systems, and space technologies.
DAPA granted initial type certification to the KF-21 Boramae on June 15, described as the government's "final official recognition" of the aircraft's flight safety. The fighter met all 745 inspection requirements across 14 airworthiness categories including aircraft structure, weapons integration, and electronic systems. With formal system development concluding in June 2026, KAI is on track to deliver the first production KF-21 to the ROKAF in September 2026.
South Korea's four major defense firms (Hanwha Aerospace, Hyundai Rotem, LIG D&A, KAI) posted a combined Q1 2026 operating profit of 1.1013 trillion won, marking the fourth consecutive quarter above the 1 trillion won threshold — up 23.9% year-over-year from 889.2 billion won. Hanwha Aerospace led with 638.9 billion won on 5.751 trillion won revenue, Hyundai Rotem earned 224.2 billion (+10.5%), LIG D&A posted 171.1 billion (+56.1%), and KAI reached 67.1 billion (+43.4%). The combined order backlog stands at 121 trillion won.
DAPA announced that the KF-21 Boramae has met all criteria of its final combat suitability evaluation, clearing the Block I air-to-air variant for operational deployment after roughly 1,600 test flights and 13,000+ test conditions including aerial refueling and live weapons release. System development is set to conclude in June 2026, with the first mass-produced aircraft scheduled for delivery to the ROKAF in the second half of the year. This makes the KF-21 South Korea's first indigenous combat aircraft to achieve full combat approval.
Hanwha Aerospace raised its ownership of Korea Aerospace Industries (KAI) to 5.09%, crossing the 5% threshold that triggered a mandatory disclosure revising its investment purpose from "simple investment" to "participation in management." The company signaled plans to acquire an additional 500 billion won worth of KAI shares by year-end, which could lift its stake to around 8%. Hanwha is a primary KF-21 partner, producing engines under license and developing the AESA radar, IRST, and electro-optical targeting pod.
Lockheed Martin announced on April 23 its withdrawal from the US Navy's Undergraduate Jet Training System (UJTS) competition, a program valued at over $40 billion to replace aging T-45 trainers. The withdrawal effectively ends KAI's bid with its TF-50N, a variant of the proven T-50 Golden Eagle that had been considered a strong candidate. Lockheed cited program requirements — specifically the "required level of U.S. content" — as making its offering a less-than-ideal fit. The competition narrows to Boeing (T-7B), Textron/Leonardo (M-346N), and Sierra Nevada Corporation. This marks another setback for KAI's efforts to enter the US military aviation market.
HD Hyundai Heavy Industries, LIG Defense & Aerospace, and KAI have been increasingly coordinating to counter Hanwha Group's expanding dominance across land, sea, and air defense sectors. The three companies operated joint exhibition booths at both Sea-Air-Space 2026 in the US and World Defense Show 2026 in Saudi Arabia, while Hanwha's three defense units ran their own joint booths. The move follows a 2023 MOU on next-generation warship development that deliberately excluded Hanwha. In response, Hanwha has strengthened ties with US partners, signing agreements with Northrop Grumman (Hanwha Aerospace) and Leidos Gibbs & Cox (Hanwha Ocean) at SAS 2026.
Combined operating profits for Korea's four major defense contractors — Hanwha Aerospace, Hyundai Rotem, KAI, and LIG Nex1 — are projected to reach ₩7.5 trillion ($5.5B) in 2026, up from ₩5.2 trillion in 2025. Combined revenue is forecast to hit ₩50.6 trillion ($37.4B), adding more than ₩10 trillion in a single year. Hanwha Aerospace posted record earnings driven by strong ground weapon sales, while Hyundai Rotem's revenue is expected to surge 30% on K2 export momentum.
The first serial-production KF-21 Boramae fighter jet completed its maiden flight on April 15, 2026, at the ROKAF 3rd Training Wing in Sacheon — just 22 days after its official rollout ceremony on March 25. No anomalies were reported during the sortie. The milestone followed approximately 1,600 prototype test flights completed without accident between July 2022 and early 2026. Following acceptance trials and certification, deliveries to the ROKAF are planned to commence in September 2026, with 40 Block I units scheduled. KAI plans to deliver 31 aircraft in 2027 and 47 in 2028, with full operational capability targeted for 2028.
South Korea reached a working-level agreement to transfer the fifth KF-21 Boramae prototype to Indonesia, formalizing a revised financial settlement disclosed through DAPA documents submitted to the National Defense Committee. Indonesia has paid 536 billion won of a reduced 600 billion won contribution, with the remaining 64 billion won due by June 2026. The transfer advances negotiations for a separate 16-aircraft export contract.
Korea Trade Insurance Corporation (K-Sure) signed a EUR 900 million (~KRW 1.5 trillion) pre-emptive financing agreement with Romania's Ministry of Finance, the first such arrangement in the defense sector. The facility supports Romanian procurement of Korean defense systems from Hanwha Aerospace, Hyundai Rotem, and KAI.
South Korea is finalizing its first KF-21 Boramae export agreement with Indonesia for 16 fighters around President Prabowo's state visit from March 31 to April 2. The 16-jet first order is down from the 48 aircraft Indonesia originally planned to buy as a partner in the program.
Korea Aerospace Industries rolled out the first production KF-21 Boramae fighter at its Sacheon factory on March 25, 2026. The aircraft will undergo acceptance testing before delivery to the ROKAF in the second half of 2026.
South Korea's five largest defense contractors committed to investing 642.7 billion won ($465M) this year in small and medium-sized defense enterprises and startups. The initiative aims to strengthen the domestic defense supply chain and develop next-generation technologies through closer collaboration between prime contractors and smaller specialized firms.
Hanwha Aerospace and Korea Aerospace Industries (KAI) signed a joint development MOU for air-launched weapons at the WDS 2026, targeting long-range air-to-air missiles and supersonic air-to-surface missiles for the KF-21 Boramae and FA-50 platforms.
South Korea's defense industry posted record operating profit exceeding 3 trillion won for the first time in 2024, reaching 3.6 trillion won across 83 firms, driven by the ongoing export boom. FnGuide projects combined operating profit at the Big Four defense firms (Hanwha Aerospace, Hyundai Rotem, KAI, LIG Nex1) of 5.2 trillion won, nearly double their 2.6 trillion won in 2024.
The KF-21 Boramae conducted its final test flight on January 12, 2026, concluding a flight test program spanning 1,600 sorties over 42 months. DAPA is set to finalize the development program in the first half of 2026.
KAI accelerated FA-50M Block 20 deliveries to the Royal Malaysian Air Force, increasing from the originally planned four to six aircraft arriving by end of 2026. The remaining 12 of the 18-unit order will follow from 2027. A second-phase order of 18 additional FA-50M is under consideration by Malaysia's Ministry of Defence.
At IndoDefense 2025, Indonesia and South Korea signed a new agreement reaffirming Indonesia's planned purchase of 48 KF-21 Boramae aircraft with PT Dirgantara Indonesia (PT DI) production participation, paving the way for the first KF-21 export.
The Philippines signed a 975.3 billion won ($711 million) contract with KAI for 12 additional FA-50 light combat aircraft along with follow-on logistics support, expanding the Philippine Air Force's Korean-built combat fleet to 24 jets.
DAPA held a ceremony marking the start of final assembly for the first mass-produced KF-21 Boramae at KAI's Sacheon facility. With prototype flight testing expected to continue until 2026, the milestone moves the program from development toward serial production.
The KF-21 Boramae has completed its full flight test program, including weapons integration tests with air-to-air missiles. The achievement clears the path for initial operational capability and serial production.
Egypt is close to finalizing a major deal with KAI for up to 100 FA-50 light combat aircraft worth over $1 billion. Egyptian Ambassador confirmed negotiations are nearly complete. An initial batch of 36 aircraft would be delivered from Korea, with the remaining 70 locally assembled at Egypt's Helwan facility. Would be the largest FA-50 export deal to date.
Korea Aerospace Industries has been awarded a 1.96 trillion won ($1.41 billion) contract to begin initial production of the KF-21 Boramae fighter. The first production batch covers 20 Block 1 aircraft for the Republic of Korea Air Force, with another 20 possibly ordered the following year.
Malaysia has signed a contract for 18 FA-50M Block 20 light combat aircraft, expected to be equipped with Raytheon's PhantomStrike AESA radar, marking the most advanced FA-50 variant sold to date.
Korea Aerospace Industries' KF-21 Boramae 4.5-generation fighter achieved its first supersonic flight, breaking Mach 1.0 during a test flight from Sacheon Air Base. The milestone brings Korea closer to indigenous advanced fighter production.