At least one bid qualified for $7.4 billion South Korea fighter jet deal

16 August 2013 11:29 am - 0     - {{hitsCtrl.values.hits}}

A A A

South Korea said on Friday that at least one bid came in under budget for its 8.3 trillion Korean won ($7.42 billion) purchase of 60 next generation fighter jets, the country's biggest-ever defense import program to replace its ageing fleet.

A spokesman at the government's Defense Acquisition Program Administration (DAPA) said at a briefing that a comprehensive evaluation would start and that a winner was expected to be chosen in mid-September.

DAPA resumed the bidding this week after suspending the process in July due to price gaps.

Lockheed Martin Corp's F-35, Boeing Co's F-15 and EADS's Eurofighter Typhoon are in the race.

Spokesman Baek Youn-hyeong declined to give the number or name of the companies that had submitted the required price.

"A qualified company that came under the total project budget will be selected finally," Baek said.

South Korea had originally aimed to pick a winner by October 2012, but last year's presidential election and criticism that the government had rushed matters slowed the process.

Analysts say the government is unlikely to meet the planned first delivery date of 2017.

The program seeks to partially replace some 150 ageing F-4 and F-5 jets that South Korea plans to retire starting in 2015.

(Reporting by Ju-min Park and Joyce Lee; Editing by Himani Sarkar)

(Source : Reuters)
See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

  Comments - 0

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

 

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Bio Bubble Bursts on tissa safari drivers

Ukrainian tourists are visiting Sri Lanka at present with the involvement of

Army’s LRRP Ambush of LTTE’s Military Intelligence Chief

A news report in the Dailymirror last August stated that the Long Range Recon

“I don’t think Sri Lankans can be realistically ruled by force” -Ahimsa Wickrematunge

Twelve years after the assassination of Lasantha Wickrematunge, the founding

Decisions to be made in Sri Lanka’s hunt for the COVID-19 Vaccine

Around the world, governments are gearing up to roll out nationwide immunizat

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.