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

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.
Comments (6)
  • bberuch
    , contributor
    Comments (264) | Send Message
     
    Why did LTM,BA, and EADS decide not to submit bids within budget?

     

    South Korea offer to small?
    25 Jul 2013, 10:54 AM Reply Like
  • joegillam
    , contributor
    Comments (287) | Send Message
     
    Its very common in this type of contract to high ball out of the gate. South Korea's advertised budget is a low ball. They should be closer this time around and begin some serious negations.
    25 Jul 2013, 11:54 AM Reply Like
  • bobmollo
    , contributor
    Comments (2) | Send Message
     
    totally agree with joegilliam. He wrote in a few words but they were right on target.
    25 Jul 2013, 03:17 PM Reply Like
  • bobmollo
    , contributor
    Comments (2) | Send Message
     
    prefer not to do this.
    25 Jul 2013, 03:18 PM Reply Like
  • candor
    , contributor
    Comments (68) | Send Message
     
    South Korea has champagne tastes and a beer wallet, change the requirements to fit your budget So Korea.
    25 Jul 2013, 05:56 PM Reply Like
  • thomas85225
    , contributor
    Comments (563) | Send Message
     
    Boeing should sale the public of Korea Air Force
    787 as a WMD
    or a P-8 that is all in one miltary aicraft that lacking wing refueling pod and a radar for the airborne warning and control system to become a and all in one aicraft
    or
    KC-46 as all in one AC-46, gunship, tanker, cargro. AWACS
    or
    a C-17, tanker, AWACS, bomber per MDC93K0048

     

    see list of Republic of Korea Air Force aicraft

     

    http://bit.ly/15kMhog

     

    Why did LTM,BA, and EADS decide not to submit bids within budget?

     

    Because BA and LTM never do anything within budget!

     

    see http://bit.ly/Yvya0h
    25 Jul 2013, 06:46 PM Reply Like
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