S. Korea, Boeing Near Deal on 20 F-15Ks

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S. Korea, Boeing Near Deal on 20 F-15Ks
SEOUL — South Korea’s Defense Acquisition Program Administration (DAPA) and Boeing have completed protracted price negotiations over 20 F-15K fighters, awaiting final approval from the agency’s decision-making body, according to Boeing and DAPA officials. The two sides signed a provisional contract Jan. 14 worth more than $2 billion for the multirole combat aircraft and associated equipment and services, they said. The deal comes amid growing concerns about the safety of the F-15, following the U.S. Air Force’s recent decision to ground hundreds of its older F-15 models indefinitely due to structural flaws.

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http://www.defensenews.com/story.php?F=3325094&C=asiapac
 
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