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| EADS Eurofighter Typhoon (File Photo) |
South Korea formally opened bidding Tuesday on a $7.3 billion deal to provide 60 advanced fighter planes, with three aviation giants vying for what is the Asian nation's largest defence contract to date.
US companies Boeing and Lockheed Martin and the European aerospace consortium EADS are in the running, and all have prefaced their bids with various sweeteners to try and edge out their rivals.
South Korea's Defence Acquisition Program Administration (DAPA), which will assess the bids, has made it clear that it cannot exceed the 8.3 trillion won ($7.3 billion) budget approved by parliament.
The choice will be between Boeing's F-15 Silent Eagle, Lockheed Martin's F-35 Lightning II and the EADS Eurofighter Typhoon.
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