19 October 2013

News Story: South Korea To Open Bid for Aerial Tankers

RAAF KC-30A (Airbus A330 MRTT)

By JUNG SUNG-KI

SEOUL — South Korea’s arms procurement agency will approve a plan to buy four aerial refueling tankers next month, according to a spokesman.

The Defense Acquisition Program Administration (DAPA) allocated 6.9 billion won ($6.5 million) in next year’s budget to start the tanker project, the agency said on Thursday in a report to the National Assembly for parliamentary inspection.

“If approved, we will open a bid for the aerial tanker program next February,” DAPA spokesman Baek Yoon-hyung said. “Evaluations are scheduled proceed from March to May, with the goal of selecting a successful bidder by the end of next year.”

Read the full story at DefenseNews