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| RoKAF F-15K Slam Eagle (File Photo) |
F-15SE Emerges From Long-Shot To Favorite
By JUNG SUNG-KI
Andrew Chuter in London and Aaron Mehta in Washington contributed to this report.
SEOUL — Boeing is set to inch closer to clinching a multibillion-dollar deal to sell 60 F-15 Silent Eagle jets to South Korea, as its competitors have effectively been priced out of the contest.
Lockheed Martin and Eurofighter, which vied for the US $7.4 billion fighter contract, failed to submit proposals below the budget.
“The bottom line is that we can’t sign a final contract with any bidder offering a proposal over the budget,” Oh Tae-shik, head of the Defense Acquisition Program Administration’s (DAPA’s) program management bureau, said Aug. 28 in a meeting with local reporters.
“A bidder that offered a proposal under the budget is now only qualified for final evaluations,” Tae-shik said.
The DAPA will hold an executive committee presided over by Defense Minister Kim Kwan-jin in mid-September to pick a final bidder.
Read the full story at DefenseNews