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Monday, August 19, 2013

Lockheed says S. Korea jet fighter contest not over

F-15SE Silent EagleLockheed Martin Corp said on Sunday it would continue to work with the U.S. government on South Korea's huge fighter jet competition, despite reports that the firm's F-35 had been eliminated due to its high cost leaving only Boeing Co's F-15 in the running.

"Lockheed Martin has not received an official notification from the Republic of Korea regarding the results of the price bidding for the F-X Program," the company said in a statement.

"The F-X source selection process has multiple phases and we will continue to work closely with the U.S. government as they offer the F-35 to Korea," it said.

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