Entering text into the input field will update the search result below

Boeing moves closer to winning $7.64B South Korean fighter-jet deal

Sep. 16, 2013 3:32 AM ETThe Boeing Company (BA) StockBA, LMT, EADSY, EADSFBy: Yigal Grayeff, SA News Editor
  • The officials managing South Korea's 8.3T won ($7.64B) tender for new fighter aircraft, including the defense minister, have reportedly briefed President Park Geun-hye that Boeing's (NYSE:BA) F-15 Silent Eagle proposal is the only eligible bid.
  • Boeing's offer was the only one of three that came in under budget, with the other two being a proposal from Lockheed (NYSE:LMT) for F-35s and one from the Eurofighter consortium for the Typhoon.
  • The briefing comes despite 15 former air force chiefs signing a petition opposing the selection of the F-15 due to concerns over its capabilities.
  • The defense minister is now expected to chair a meeting of the decision-making committee next week.

Recommended For You

More Trending News

About BA Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
BA--
The Boeing Company