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Lockheed says S. Korea jet fighter contest not over

: Aug 30, 2013 - : 12:02 am

KFX

Lockheed Martin said on Sunday, August 18, it would continue to work with the U.S. government on South Korea’s huge fighter jet competition, despite reports that the firm’s F-35 had been eliminated due to its high cost leaving only Boeing Co’s F-15 in the running.

“Lockheed Martin has not received an official notification from the Republic of Korea regarding the results of the price bidding for the F-X Program,” the company said in a statement.

“The F-X source selection process has multiple phases and we will continue to work closely with the U.S. government as they offer the F-35 to Korea,” it said.

South Korea’s F-X program is aimed at buying 60 next-generation fighter jets to replace its current aging fleet.

The country’s Defense Acquisition Program Administration resumed the bidding last week for the jets after suspending the process in July because all the bids were too high.

The United States handles foreign military sales on a government-to-government basis, with the companies providing information on price and other details.

South Korea’s Yonhap news agency reported earlier on Sunday that Boeing’s F-15 Silent Eagle appeared to be the last plane in the running for the $7.2 billion fighter project.

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