South Korea reopens bidding for 8.3 trillion won fighter jet competition

SEOUL, July 25 Thu Jul 25, 2013 3:08am EDT

SEOUL, July 25 (Reuters) - South Korea said on Thursday it will reopen competition for its 8.3 trillion won ($7.43 billion) purchase of 60 next generation fighter jets which had been suspended due to the high prices of bids received.

"We have decided at the defence project committee meeting to resume bidding for the F-X project," a spokesman for the Defense Acquisition Program Administration (DAPA) told a briefing.

DAPA suspended bidding after none of the entries, Lockheed Martin Corp's F-35, Boeing Co's F-15 and EADS's Eurofighter Typhoon, submitted bids meeting the required price.

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see
Comments (1)
ereilad wrote:
Perhaps they should consider making drones? Their computer technology should certainly be up to the task.

Jul 25, 2013 4:31am EDT  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.