FX Second-Generation Fighter
During a commencement ceremony of the ROK Air Force Academy in March 2001, President Kim Dae-jung said that Korea would develop its next-generation fighters by 2015. "Our plan includes $2.8 billion in economic benefits through the F-X offset program and it lays the foundation for long-term programs and other growth opportunities that could result in more economic benefits over the long term," said a senior Boeing executive at a news conference. He also said Boeing's plan includes a technology-transfer program focused on the development of the indigenous fighter program in South Korea. "On the indigenous fighter program, Boeing is offering 29 technology-transfer projects in the four key areas of fighter development: requirements definition and analysis; airframe, avionics and armament systems; test and evaluation; and operations and support." He went on to say that the nature of Boeing's commitment points out one of the unique benefits of a partnership with Boeing, which is participation in both military and commercial programs
