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| Lockheed Martin F-35 (File Photo) |
SEOUL (BNS): South Korea's effort to buy new advanced fighter jets for its air force appears to have been stalled as the country's defence procurement agency is planning to re-examine the project over pricing issue.
High price tags quoted by the competing firms -- US's Boeing and Lockheed Martin, and European conglomerate EADS -- has led the Defense Acquisition Program Administration (DAPA) mulling to stop the current bidding and re-examine the project, a media report said on Thursday.
"The DAPA plans to stop the current bidding and re-examine the project," a senior DAPA official was quoted as saying by the official Yonhap news agency.
"Whether to restart the procurement plan from scratch or make changes to requirements will be discussed," the official added.
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