http://www.thejakartapost.com/news/2010/06/03/ministry-looks-forge-stronger-industry.html
He added that to kick things off, the ministry would this year reinforce its commitment with South Korea to start producing the KFX jet fighter prototype.
In this project, Eris said, the Indonesian government would provide 20 percent of the project’s US$8 billion initial capital.
Initiated in March last year during South Korean President Lee Myung-Bak’s visit to the country, the joint operation was aimed at pilot projects between both countries.
“It is likely that we will sign an MoU by the end of this year,” he said.
Following the signing of the MoU, Eris added, both countries would form a team comprising experts tasked with following up the details of the joint project.
“It is projected that five prototypes will be produced by the team before 2020,” he said.
The ministry’s head of research and development, Col. Edy Sulistyadi, who also attended the press conference, said it was estimated the project would break event following the production of 200 aircraft.
“After breaking even, we will be able to sell it to other parties,” he said.
It is reported that the Indonesian Military needs three more squadrons — around 24 fighter aircraft — to be able to fulfill its minimum essential force quota while the South Korea military will employ 200 fighters.
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