The European Aeronautic Defense and Space Company (EADS), which is competing with U.S. companies Boeing and Lockheed Martin for South Korea's fighter jet program, has offered to manufacture 48 out of 60 planes in local factories if it wins the multi-billion dollar deal, sources and company officials said Friday.
The multinational defense firm EADS's Eurofighter Tranche 3 has been bidding with Lockheed Martin's F-35 stealth jet and Boeing's F-15 Silent Eagle for the 8.3 trillion won (US$7.3 billion) contract to replace the South Korean Air Force's aging fleet of F-4s and F-5s from 2016.
yonhapnews
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