South Korea’s Defense Acquisition Program Administration (DAPA) has selected Hanwha Aerospace to supply the engines for its new KF-21 Boramae fighter jets.
Valued at $401 million, the deal covers the delivery of more than 40 F414 engines and spare modules for the multi-role combat aircraft.
It also includes the provision of engine maintenance manuals and on-site technical support services.
According to the company, the contract serves as a “stepping stone” for Hanwha’s ambition to develop next-generation engine technologies that can support various missions worldwide.
Hanwha said it is currently pursuing research and development in sixth-generation engine technology.
“As the only company specialized in aircraft engines in Korea, we are committed to providing high-quality engines without delay,” a spokesperson said, adding that all resources will be utilized to support national defense.
About the KF-21
The KF-21 is a product of South Korea’s nearly $8-billion investment in developing an indigenous fighter jet.
Developed by Korean Aerospace Industries, the aircraft resembles the US-made F-35A Lightning II.
It has a maximum payload capacity of 17,000 pounds (7,711 kilograms) and can reach speeds of up to 1,400 miles (2,253 kilometers) per hour.
Each KF-21 will be equipped with two F414 engines to achieve similar power to the F/A-18E/F Super Hornet and Saab’s JAS 39E/F Gripen.
Last month, Seoul placed an order for an initial batch of 20 Boramae jets to be delivered beginning in late 2026.
Once in service, it will replace the aging F-4 Phantom and F-5 light fighter aircraft of the Republic of Korea Air Force.