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Jul 1, 2013

All three bids in South Korea’s fighter contest higher than estimated cost

South Korea has extended bidding on a $7.3 billionfighter jet project after a second round of bidding ended on Friday with three aviation makers offering prices above the estimated cost, South Korea's news agency said.
South Korea opened the bidding on June 18 to import the country's 60 next-generation fighter jets between 2017 and 2021 and has since carried out about 30 bidding sessions, yet the offers were over the budget.
reuters

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