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Friday, November 08, 2013

S. Korea can expect lower prices of F-35 fighter jets

F-35A Lightning IISeeking a new budget and vender for its next-generation fighter jet procurement program, South Korea may be offered lower prices of F-35s than Lockheed Martin originally proposed, a U.S. defense industry expert said Thursday.

South Korea has delayed the selection of a winning bidder as it weighs the pros and cons of the F-35, Boeing's F-15SE and the Eurofighter Typhoon.

Lockheed and Eurofighter were priced out of the contest, moving Boeing closer to clinching the US$7.4-billion deal.

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