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South Korea Moves Closer To Buying Lockheed Martin F-35 Fighters

Gally Articola

Friday, December 6th, 2013

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The South Korean government has revised the requirements for its next fighter jet and suggested that it will likely buy the stealth-capable Lockheed Martin [LMT] F-35. Numerous recent media reports out of Seoul said the Defense Ministry’s Joint Chiefs of Staff announced plans to purchase 40 aircraft and added stealth technology to the equation in making a selection, the reports said. Deliveries will run from 2018 to 2021, with an option for an additional 20 aircraft from 2023-2024, the reports said. The…

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