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

Defense Daily Staff

Monday, November 25th, 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 media reports out of Seoul said Friday that 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…

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