South Korea is set to hold a new round of bidding for a $7.43B effort to acquire 60 next...

|By:, SA News Editor

South Korea is set to hold a new round of bidding for a $7.43B effort to acquire 60 next generation fighter jets, Reuters says. Previous rounds (55 of them) were scuttled when Lockheed Martin (LMT -0.6%), Boeing (BA -0.6%), and EADS (EADSF.PK -0.9%) all failed to submit bids within the budget.