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| RAAF KC-30A (A330 MRTT) Tanker Aircraft |
According to the Ministry of Defence of South Korea, The Air Force kicked off on Monday the process to buy four in-flight refueling tanker aircraft, in a deal seen to be worth around 1.4 trillion won ($1.31 billion), with planemakers Boeing and Airbus expected to compete, sources said.
The purchase is part of South Korea's attempts to bolster its air defense in the face of rising tension in Northeast Asia over the maritime interests of neighbors such as Japan and China, as well as against an unpredictable North Korea.
The purchase will be made through a competitive bid process and bids will be accepted by June 30, arms purchase agency the Defense Acquisition Program Administration (DAPA) said in a statement.
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