Korea Information Service, The Defense Ministry said on Thursday (May 26) that it will launch a multi-trillion-won project for purchasing next-generation fighter jets starting from 2009, as part of its mid-term arms procurement plan.
In a report on the policy programs between 2006 and 2010 to President Roh Moo-hyun, Defense Minister Yoon Kwang-ung said his ministry will spend 5.6 trillion won ($5.6 billion) to buy next-generation fighter jets in the current fighter acquisition program, dubbed the