Boeing, EADS lower bid prices to meet fighter budget threshold
Aug 16, 2013
In a last-ditch effort to win South Korea’s fighter jet project, two of the three bidders ― Boeing and EADS ― offered proposals below the state budget of 8.3 trillion won ($7.2 billion) during the final bidding on Friday, government officials and industry sources said. The third company, Lockheed Martin, selling its F-35 stealth jets through the foreign military sales program, offered a price hi...