South Korea accepts two bids for KF-X fighter
Two companies have submitted bids for South Korea’s US$7.9 billion programme to develop and procure a locally-build fighter.
The project suffered a slight hiccup when the original bidding process was declared void after only Korea Aerospace Industries (KAI) lodged a bid before the deadline passed on 9 February 2015.
Procurement regulations require at least two bidders per contract.
After its re-launch on 10 February, however, both KAI and Korean Air submitted bids for the ten-year KF-X development contract with the Defense Acquisition Program Administration (DAPA).
The deadline was 24 February.
Both contenders have teamed with foreign partners as is required
Already have an account? Log in
Want to keep reading this article?
You may also like
More from Defence Notes
-
![Companies post mostly rosy results but warn of potential dark clouds]()
Companies post mostly rosy results but warn of potential dark clouds
First quarter 2025 results have been dropping for companies in the past week but many of the US results come with a health warning in their forward-looking aspects about the potential impact of actions by the Trump administration.
-
![Spain unveils new multi-billion euro defence investment plan]()
Spain unveils new multi-billion euro defence investment plan
The new plan outlined how Spain would reach 2% of its GDP spend on defence by 2025, with €1.9 billion earmarked for new equipment acquisition with several land, naval and air platforms disclosed to be replaced or upgraded.
-
![New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia]()
New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia
This budget will be spent over the next four years and nearly doubles the country’s defence spending as part of GDP to 2%.
-
![UK Chancellor commits £2 billion to make the country a “defence industrial superpower”]()
UK Chancellor commits £2 billion to make the country a “defence industrial superpower”
Rachel Reeves announced port upgrades, protected budgets for innovation and investment in novel technologies.
-
![Avalon 2025: Australian defence budget meets the low expectations of show attendees]()
Avalon 2025: Australian defence budget meets the low expectations of show attendees
The Australian Budget was marked by tax cuts and a looming general election which led to little hope that there would be a substantial defence boost even with a big bill for nuclear submarines due.
-
![Launch of Gilat Defense targets DoD market]()
Launch of Gilat Defense targets DoD market
The communications company Gilat launched its new Gilat Defense division at the Satellite 2025 expo, with future solutions aimed at US military customers.
