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.

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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
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