26 January 2012

News Story: South Korea sweetens pot in Israeli jet deal

T-50 GoldenEagle
TEL AVIV, Israel, Jan. 24 (UPI) -- South Korea has sweetened the pot in a bid to secure a hotly contested $1 billion contract for its T-50 Golden Eagle jet trainer for Israel's air force by offering to buy Rafael Advanced Defense Systems' Iron Dome counter-rocket system.

The Haaretz daily reported Tuesday that Seoul's proposal to acquire Iron Dome, added a new dimension to an earlier offer to buy "a significant quantity" of Israeli-made weapon systems if the Jewish state agreed to purchase 25-30 T-50s manufactured by Korean Aerospace Industries.

Read the full story at UPI