KAI preferred bidder for new Korean Air Force jet

March 31, 2015 12:33 PM

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South Korean arms procurement has selected a Korean Aerospace Industries/Lockheed Martin team as the preferred bidder to develop and locally build a new fighter aircraft.

The Korea Times, quoting the country's arms procurement agency, said the selection was made after a review of their development plan, capabilities and bid offer for the KF-X program contract.

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