Friday, July 6, 2012

S. Korea Says Fighter Bid Evaluations Begin Next Week

SEOUL, South Korea — South Korea will soon start evaluating bids from U.S. and European firms in competition to win a $7.3 billion contract for 60 advanced fighter planes, the country’s arms procurement agency said July 5.
The Defense Acquisition Program Administration (DAPA) said 15 experts would review the bids from July 9-14 before Air Force evaluators conduct flight tests.
Boeing (F-15 Silent Eagle), Lockheed Martin (F-35 Lightning II) and Eurofighter (Typhoon) have submitted renewed bids for a deal worth nearly 8.3 trillion won ($7.3 billion), it said.
The state agency had set an initial June 18 deadline for bids. The three firms tendered their offers, but the agency reopened bidding, cited errors in relevant documents

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