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Tuesday, August 13, 2013

S. Korea to buy 4 aerial refueling tankers for fighter jets

A330 MRTTSouth Korea's arms procurement agency on Monday approved a long-delayed plan to buy four aerial refueling tankers from 2017-19 to extend the operational range of the country's fighter jets.

The Defense Acquisition Program Administration (DAPA) said it will open bidding for the project in February of next year and select a contractor in October in the same year.

The project is estimated to cost over 1 trillion won (US$900 million), and the budget plan needs parliamentary approval to be implemented by the government.

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