Seoul to start bidding for fighter jet next week

South Korea is set to start the bidding process next week to pick a contractor to provide 60 advanced fighter jets for the country, an official at the state procurement agency said Tuesday. Jets competing for the US$7.5 billion contract are Boeing's F-15 Silent Eagle; Lockheed Martin's F-35 stealth jet; and the European Aerospace Defense and Space Company (EADS)'s Eurofighter Tranche 3 Typhoon.

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