AfricaBusiness.com

August 19, 2013

Boeing undercuts rivals in South Korea fighter contest: sources

Filed under: World News — Africa Business @ 7:47 am

SEOUL (Reuters) – Boeing’s bid in the 8.3 trillion won ($7.4 billion) tender to supply South Korea with 60 fighter aircraft was the only one below the price ceiling set by the country’s arms procurement agency, sources close to the process said on Monday.

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