South Korea’s Military Shopping List Is Long

The South Korean military is on a shopping spree this year. And the biggest deal of all – approximately 60 new fighter jets – is nearing the bidding deadline. South Korea’s Defense Acquisition Program Administration is aiming to sign contracts on about 14 trillion won ($12.2 billion) worth of new equipment and weapons this year. It’s a record amount and a priority for President Lee Myung-bak during his last year in office.

See the full article at The Wall Street Journal