South Korea celebrated its entry into the “elite group of fighter jet producers” this month, unveiling its domestically-developed KF-21 Boramae in a blaze of lights and pop music and a glowing endorsement from President Moon Jae-in. Al Jazeera reports that Moon lauded the technology, economic benefits, military capabilities, and national prestige the development of the plane represented, a perspective largely shared in most reporting of the multibillion-dollar project to develop a multi-role fighter jet. Lost in the fanfare though was any criticism of an arms industry known for runaway budgets and a weapons trade contributing to destabilising regions or states in conflict. Questions also surround the contribution a regional arms race may have on South Korea’s national security.