Advertisement

You will be redirected to the page you want to view in  seconds.

3 Firms Bidding for $6.9B Fighter Deal, S. Korea Says

Jun. 18, 2012 - 09:39AM   |  
By AGENCE FRANCE-PRESSE   |   Comments
  • Filed Under

SEOUL — Three companies have submitted bids for a contract worth $6.9 billion to supply 60 fighter aircraft to South Korea, the country’s arms procurement agency said June 18.

Boeing's F-15 Silent Eagle, Lockheed Martin's F-35 Lightning II and the Eurofighter Typhoon will vie for the order, the Defense Acquisition Program Administration (DAPA) said in a statement on its website.

June 18 was the bidding deadline, with the winner to be selected in October. The contract is worth 8 trillion won ($6.9 billion).

DAPA also plans to spend some 1.8 trillion won on 36 attack helicopters, with Boeing's Apache, Eurocopter's Tiger and Turkey's T129 thought to be in competition.

The massive weapons acquisition being pushed through in the last year of President Lee Myung-Bak's presidency has sparked opposition criticism.

The Democratic United Party urged the government not to rush through the program.

"Further study and review are needed before the government goes ahead with the purchase of weapons. If necessary, this project should be handed over to the next government," it said in a statement last month.

South Korea has already bought 60 of Boeing's F-15 fighter jets since 2002 under the first two stages of a fighter modernization program.

More In World News

Subscribe to Defense News e-Newsletter

Let us help you get caught up on the news. Sign up for the Early Bird Brief and/or Daily News Roundup. Delivered daily, via email.

Subscribe!

Subscribe!

Login to This Week's Digital Edition

Subscribe for Print or Digital delivery today!

Exclusive Events Coverage

In-depth news and multimedia coverage of industry trade shows and conferences.

TRADE SHOWS:

CONFERENCES:

Defensenews TV

  • Sign-up to receive weekly email updates about Vago's guests and the topics they will discuss.