South Korea dumps Boeing fighter jet tender, Lockheed soars back

Reuters - 9/26/2013

South Korea's government bowed to public pressure on Tuesday and voted down a bid by Boeing to supply 60 warplanes, saying it would restart the multi-billion tender process to get a more advanced, radar-evading fighter. Lockheed Martin's F-35A, previously considered too expensive, has shot to the front of the line in the race for the contract after the defence ministry singled out a fifth-generation fighter as the preferred option.

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