- Boeing (BA) has received a blow in its bid to win an 8.3T won ($7.64B) tender to supply South Korea with new fighter jets after 15 former air chiefs signed a petition opposing the selection of the company's F-15 Silent Eagle due to concerns over its capabilities.
- The "F-15 SE is still a paper airplane under development based on 1970's models," the petition reportedly says, raising doubts about its effectiveness.
- Boeing looks to be the only candidate after its proposal met South Korea's budgetary requirements, while those of Lockheed Martin (LMT) and the Eurofighter didn't.
- "Like the United States and Japan, we need (Lockheed's) F-35s as fifth-generation aircraft," says Kim Hong-rae, who was air force chief of staff from 1994-95. "We can't just choose minicars over sedans because they are cheap."