Seoul: The government has launched an interministerial body aimed at developing advanced aircraft engine technology for next-generation fighter jets, aiming to become the sixth country globally to achieve this feat, officials announced on Friday.

According to Yonhap News Agency, the new body will include the industry, land, and defense ministries, along with the Defense Acquisition Program Administration (DAPA) and the Korea AeroSpace Administration. The group will focus on creating a cooperative system to advance the aircraft engine development plan. The arms procurement agency initially devised this plan in January, intending to develop the core power source essential for the performance of future fighter jets domestically.

Currently, only five countries, including the United States, France, and Russia, possess the capability to develop aircraft engines. This technology demands long-term and significant investment due to its technical complexity. Officials have expressed that if Korea successfully develops this technology, it will not only reduce maintenance and repair costs paid to foreign companies but also create a potential new export market.

An official from the Ministry of Trade, Industry and Resources stated, "Building on our experience in developing core materials and components technologies, we will contribute to achieving technological self-reliance in advanced aircraft engines, securing a stable supply chain and actively leading the establishment of an aircraft engine manufacturing ecosystem."

Furthermore, an official from DAPA emphasized that "advanced aircraft engine is a strategic technology that impacts both military and civilian sectors," reaffirming the commitment to close cooperation among the involved ministries.