South Korea resumes bidding in jet fighter deal

South Korea will resume its procurement process this month for a jet fighter contract expected to be worth more than $7.2 billion, Yonhap news agency reported. outh Korea's Defense Acquisition Procurement Agency suspended bidding for the 60 aircraft in mid July over concerns that manufacturers' bids were higher than the budgeted $7.2 billion. DAPA announced the decision to restart bidding in mid August in a meeting presided over by Defense Minister Kim Kwan-jin.

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