Aviation Week notes that a deal by Japan to buy F-35s from Lockheed Martin (LMT +0.1%) could spark a F-35 buying binge from South Korea's defense ministry in order to keep pace with its neighbor. The action would be good news for LMT...but potentially bad news for Boeing (BA +0.3%) and multinational Eurofighter - with analysts seeing Seoul politicians wanting to go with the most "modern" fighter jet to keep its nationalistic pride in place. [View news story]
If they go with the F-35, they'll be getting the best!
Aviation Week notes that a deal by Japan to buy F-35s from Lockheed Martin (LMT +0.1%) could spark a F-35 buying binge from South Korea's defense ministry in order to keep pace with its neighbor. The action would be good news for LMT...but potentially bad news for Boeing (BA +0.3%) and multinational Eurofighter - with analysts seeing Seoul politicians wanting to go with the most "modern" fighter jet to keep its nationalistic pride in place. [View news story]