South Korea unlikely to finalize Lockheed F-35 order until summer '14

South Korea is unlikely to finalize any orders for the Lockheed Martin Corp F-35 stealth fighter jet until the summer or fall of 2014, after it redoes a complicated acquisition process, according to three sources familiar with the issue.

South Korea's military chiefs last month said Seoul would buy 40 Lockheed F-35 fighters, with the first planes to be delivered in 2018, despite the fact the only Boeing Co's F-15 fighter met the competition's price target.

They say an additional 20 fighters to be acquired could be different models.

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