Arab Today, arab today korean air airbus sign accord for jet fighter bid
Last Updated : GMT 21:46:51
Arab Today, arab today
Arab Today, arab today

Korean Air, Airbus sign accord for jet fighter bid

Arab Today, arab today

Arab Today, arab today Korean Air, Airbus sign accord for jet fighter bid

Korean Air bannar
Seoul - AFP

Korean Air and European aerospace giant Airbus have signed an agreement to jointly bid for an $8-billion jet fighter project, an airline spokesman said Sunday, pitting them against a team comprised of Lockheed Martin and Korea Aerospace Industries.
The project is designed to develop and produce 120 fighter jets to replace the country's ageing fleet of F-4s and F-5s.
"We've signed a memorandum of understanding with Airbus," a Korean Air spokesman told AFP.
One of the conditions of the bid is that local enterprises should tie up with foreign companies to secure technological assistance, according to Seoul's Yonhap news agency.
The pair will compete with Korea Aerospace Industries, which has teamed up with America's Lockheed Martin.
South Korea's Defence Acquisition Programme Administration plans to announce the final winner in July.
The country's military has overwhelmingly chosen US suppliers in the past, especially where the air force is concerned, reflecting their close military alliance.
But Airbus has also made a number of bids for the South's military contracts in recent years, including a $1.38 billion deal to provide air refuelling tankers. The final bidder for the deal has not been chosen yet.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today korean air airbus sign accord for jet fighter bid Arab Today, arab today korean air airbus sign accord for jet fighter bid

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today korean air airbus sign accord for jet fighter bid Arab Today, arab today korean air airbus sign accord for jet fighter bid

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday