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Monday, July 04, 2011

Europe asks Korea to join Eurofighter program

Eurofighter TyphoonA multination consortium in Europe has invited Korea to join its high-end jet production project in an apparent attempt to win what would be Korea’s biggest arms-procurement deal.

The move came following Seoul’s announcement that it would purchase 60 advanced fighter aircraft in line with its push to shift the country’s military posture from passive defense to proactive deterrence with a projected budget of up to 10 trillion won ($8.96 billion).

“We welcome the Korean industry to participate as EADS’s full member,” Erwin Obermeier, a senior advisor of export projects at EADS, said at the International Conference for Air and Space Power held downtown Seoul last week.

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