(LEAD) EADS offers US$2 bln investment on Korean fighter jet project

The European Aerospace Defense and Space Company (EADS) on Thursday offered to invest US$2 billion in South Korea's long-delayed fighter jet development project if it wins Seoul's jet procurement deal. The multinational defense firm made the offer as its Eurofighter Tranche 3 has been competing with Lockheed Martin's F-35 stealth jet and Boeing's F-15 Silent Eagle for the 8.3 trillion won ($7.3 billion) contract to replace the South Korean Air Force's aging fleet of F-4s and F-5s.

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