Tag: agency-marks
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South Korea picks GE to supply engines for homegrown fighter jets
South Korea has picked General Electric Co to supply engines for its homegrown KF-X fighter jet project, preferring the U.S. giant over a European consortium in a deal that could be worth an estimated $3.5 billion. The decision, announced on Thursday by the country's arms procurement agency marks the latest step in Seoul's multi-billion dollar…
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South Korea picks GE to supply engines for homegrown fighter jets
South Korea has picked General Electric Co to supply engines for its homegrown KF-X fighter jet project, preferring the U.S. giant over a European consortium in a deal that could be worth an estimated $3.5 billion. The decision, announced on Thursday by the country's arms procurement agency marks the latest step in Seoul's multi-billion dollar…