South Korea set to back deal for 40 Lockheed F-35s

South Korea's Joint Chiefs of Staff were expected to endorse an "all F-35 buy" of 40 Lockheed Martin Corp F-35 fighter jets and an option for 20 more at a meeting on Nov. 22.
U.S. officials have said Seoul needs to make a decision by the end of the year to ensure delivery of initial F-35s in 2017 since the U.S. government must order advanced materials for the planes in coming weeks. Seoul is said to be looking at buying six F-35 fighter in the ninth batch of early production jets.
The Eurofighter consortium, which includes BAE Systems Plc , EADS NV and Finmeccanica SpA, also submitted a bid in the South Korean competition.
reuters