27 May 2016

News Story: South Korea Picks GE To Provide Engines for Fighters

A model of one of several possible designs for the KFX
SEOUL, South Korea — South Korea has chosen US conglomerate General Electric (GE) over a European competitor as the preferred bidder to supply engines for a multibillion-dollar fighter jet project, government officials said.

"Our plan is to finalize a contract in June," a spokesman at the Defense Acquisition Program Administration (DAPA) told AFP.

GE Aviation was chosen over a European Eurojet consortium that included Rolls-Royce Holdings and MTU Aero Engines AG.

South Korea is looking to develop a fleet of 120 "indigenous" next-generation, multirole fighter jets over the next 10 years to replace its aging fleet of F-4 and F-5 fighters imported from the United States.

Read the full story at DefenseNews