Lockheed Martin and KAI secure $7.8 billion deal for South Korea's next gen fighter

Defence IQ Press
Posted: 03/30/2015

Korea Aerospace Industries (KAI) and Lockheed Martin have been selected by the Defense Acquisition Programme Administration (DAPA) for the design and development of 120 indigenous fighter jets. The team beat out competition from Korean Air (KAL) and Airbus. The 8.6 trillion won ($7.8 billion) deal will replace the country’s aging fleet

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Defence IQ Press
Posted: 03/30/2015

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