19 June 2012

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

Eurofighter Typhoon

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.

Read the full story at DefenseNews