The government has canceled an upgrade contract for the KF-16 fighter jets with the BAE Systems of the U.K. after costs spiraled out of control.
Kim Shi-cheol, a spokesman for the Defense Acquisition Program Administration, told reporters, “The U.S. and Korean governments discussed the ma… …read more
Source:: Chosun Ilbo
Gov"t Cancels Billion-Dollar Fighter Jet Contract with BAE
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