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Saturday, November 03, 2012

Israel mulls purchasing 4 South Korean warships

Incheon class frigate |Israel has voiced enthusiasm in purchasing four frigates from South Korea and plans to send a team of its officials to Seoul next month to pursue a potential deal.

"Israel recently expressed an interest to buy four frigates," Yonhap news agency quoted an official at South Korean’s state-run weapons procurement agency, Defense Acquisition Program Administration (DAPA), as saying Saturday on condition of anonymity.

The 1,400-ton frigates under negotiation with Israel are said to be priced at about US$100 million each.

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