Friday, March 31, 2017

Dirgantara Indonesia signed strategic partnerships with Korea Aerospace Industries

PT Dirgantara Indonesia (PTDI), Indonesia’s state-owned aerospace manufacturer and Korea Aerospace Industries (KAI) has reached a strategic cooperation agreement on KF-X fighter jet program, which is expected to deliver by 2025. The projet need costs for the 8.5 trillion won ($7.37 billion). Under the agreement, the two sides also will form a committee to discuss ways to cooperate and will hold biannual meetings. PTDI participated in the joint development of the CN-235 transport aircraft with Spain’s CASA in the 1980s and also made commercial airplanes the N-250 and N-2130 in the 1990s.