The South Korean defense acquisition program administration (DAPA) has indicated this week that the bidding process for the 8.3 trillion won (US$7.2 billion) program buying 60 new fighter aircraft has finally got to a conclusion. A single finalist, likely to be theCompany remained in the race. With a single option now on the table offered at the right price, DAPA is expected to conduct further assessment and announce its final decision in mid-September. said it was still waiting to hear the outcome of the competition. also said it has not received an official notification from the Republic of Korea regarding the results of the price bidding for the F-X Program. Company officials said the decision is not determined on cost alone, and aircraft capabilities will also be considered in the month long evaluation process that will now proceed. “The F-X source selection process has multiple phases and we will continue to work closely with the U.S. government as they offer the to Korea,” Reuters quoted sources comment. The United States has proposed the fighter planes to Seoul under a government-to-government basis, through the ‘foreign military sales’ channel, with companies providing information on price and other details.
Earlier it was reported that the European Aeronautic Defense and Space Company () has been eliminated from the selection, after ‘abruptly changing its contractual terms’. submitted an offer for 54 single seater and six twin-seat Eurofighter Tranche 3 fighters, while DAPA required 15 twin-seat and 45 single seat planes. South Korea’s decision to eliminate EADS and the fact that the costlier is available only in a single-seat version has left left Boeing’s F-15 Silent Eagle as the sole final candidate, government sources said Sunday.
was also one of three bidders, offering the which is available only in a single seat variant. In addition to the lack of twin-seat configuration, the was said to be costlier than the or Tranch 3. Throughout the bidding process Seoul insisted not to exceed its target cost, thus repeating bidding sessions 55 times.