South Korea snubs Boeing

Marion Dakers
BOEING has been left out in the cold by South Korea, which has rejected an 8.3 trillion won (£4.8bn) offer by the firm to build 60 fighter jets for the country.

The South Korean government has reopened the contest for the plane contract, despite Boeing being the only bidder to turn in a proposal within the budget.

The decision gives Lockheed Martin and Eurofighter another chance to pitch for the contract.

Lockheed Martin’s fifth generation F-35A has already been ordered by seven countries.