South Korea rejects Boeing in $7.7 billion fighter jet deal
SEOUL (Reuters) - South Korea voted against Boeing's (BA.N) F-15 Silent Eagle in its 8.3 trillion won ($7.7 billion) tender for 60 fighter jets, the country's arms procurement agency said on Tuesday, saying it will restart the project.
"DAPA...will swiftly pursue the program again in order to minimize the vacuum in combat capabilities," South Korea's Defense Acquistion Program Administration (DAPA) said in a statement.
Boeing's F-15 had been the only bid out of three that was under-budget and eligible to win the country's largest-ever defense import deal under South Korean law.
(Reporting by Ju-min Park and Joyce Lee; Editing by Jeremy Laurence)
- Atheists face death in 13 countries, global discrimination: study
- Mandela signer hits back: I'm sign language champion |
- Missouri executes man for killing good Samaritan motorist in 1994
- Focus turns to Thai military, anti-government protesters tell them to pick sides |
- Google executives' planes saved millions in costs due to error - NASA