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August 2, 2012

BAE to upgrade South Korean KF-16 fighters

BAE Systems North America has been selected by South Korea's Defense Acquisition Program Administration (DAPA) as the prime integrator for upgrading the air force's ageing fleet of KF-16 fighter aircraft.

F-16 C/J Fighting Falcon

BAE Systems North America has been selected by South Korea’s Defense Acquisition Program Administration (DAPA) as the prime integrator for upgrading the air force’s ageing fleet of KF-16 fighter aircraft.

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What is driving and impacting South Korea’s Defense Market?

South Korea’s defense budget is currently valued at $48.3 billion after experiencing impressive and robust annual growth of 10.5% in 2022. Over the forecast period, South Korean defense expenditure is anticipated to register a strong CAGR of 6.3% over 2023-27 and reach $66.2 billion by 2027. The country’s acquisition budget, which includes research and development (R&D) funding, is also anticipated to register significant growth, projected to reach $21.6 billion in 2027, seeing significant rise from the anticipated $17 billion in 2023. South Korean defense spending is continuing to be fueled by the country’s hostile relationship with North Korea, coupled with the need to develop its own domestic industry. If you want to strategize successfully off this growing market, it is important to be fully informed. This report’s key findings include:
  • Details on the defense budget
  • Drivers of defense spending
  • Key trends impacting the market
Download the full report so you can formulate winning strategies for the road ahead.
by GlobalData
Enter your details here to receive your free Report.

DAPA spokesman Baek Youn-hyung was quoted by Defense News as saying that the selection follows comprehensive evaluations of bidding companies’ proposals, including performances, cost-efficiency and offset programmes.

”A final contract is expected to be signed in December after reviewing the letter of offer and acceptance from the US Government,” Youn-hyung added.

To be awarded under a US foreign military sales (FMS) programme, the $1.1bn contract envisions BAE to supervise installation of new software and hardware components, such as the F-16 commercial fire control computer and the active electronically scanned array (AESA) radar into a total of 134 KF-16 aircraft.

The company, which competed against Lockheed Martin for the contract, will also install the Link-16 data exchange system and the multifunction display, GPS-guided weapons, including the AIM-120C air-to-air missile and the wind-corrected munitions dispenser.

The package will enable easy sharing of KF-16 flight control and weapon control operational flight programmes’ source codes among the air force personnel.

"A final contract is expected to be signed in December after reviewing the letter of offer and acceptance from the US Government."

The agency is also planning to select AESA radar supplier from among Northrop Grumman and Raytheon in early 2013.

An air force officer told the news agency that the upgrade will provide the aircraft with detection range twice as long as the existing range to enable simultaneous detection and tracking of multiple targets.

”The upgrade package will also allow the aircraft to hit key facilities in the enemy zone at longer range,” the official added.

Powered by F100-PW-229 engines, the KF-16 is a Korean variant of the Lockheed Martin F-16 Fighting Falcon fighter and was built by Korean Aerospace Industries (KAI) under license from its manufacturer in the 1990s.


Image: A US Air Force’s F-16 C/J Fighting Falcon prepares to take off during Operation Northern Watch mission in Iraq. Photo: courtesy of Staff Sergeant Jason Gamble.

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Free Report
img

What is driving and impacting South Korea’s Defense Market?

South Korea’s defense budget is currently valued at $48.3 billion after experiencing impressive and robust annual growth of 10.5% in 2022. Over the forecast period, South Korean defense expenditure is anticipated to register a strong CAGR of 6.3% over 2023-27 and reach $66.2 billion by 2027. The country’s acquisition budget, which includes research and development (R&D) funding, is also anticipated to register significant growth, projected to reach $21.6 billion in 2027, seeing significant rise from the anticipated $17 billion in 2023. South Korean defense spending is continuing to be fueled by the country’s hostile relationship with North Korea, coupled with the need to develop its own domestic industry. If you want to strategize successfully off this growing market, it is important to be fully informed. This report’s key findings include:
  • Details on the defense budget
  • Drivers of defense spending
  • Key trends impacting the market
Download the full report so you can formulate winning strategies for the road ahead.
by GlobalData
Enter your details here to receive your free Report.

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