Lockheed says committed to South Korea F-35 offset offer


  • World
  • Friday, 22 Nov 2013

DUBAI (Reuters) - Lockheed Martin Corp on Friday welcomed South Korea's plans to buy 40 F-35 fighter jets and said it still aimed to build a military communications satellite for Seoul and provide other technology transfers, despite a cut in the number of jets to be ordered.

"We remain committed to our offset projects and I am confident we can put together an agreement with the Korean authorities that preserves the existing projects," said Randy Howard, who headed Lockheed's South Korea F-35 campaign.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Brazil's government submits rules to streamline consumption taxes
Roundup: U.S. crude supplies down, other petroleum data mixed
U.S. oil imports, exports up last week
Algeria, Tunisia, Libya agree to manage shared groundwater in Sahara
U.S. crude oil production unchanged last week
Ford Q1 net income drops
Spanish PM Sanchez shocks country again putting his continuity on the line
U.S. researchers reveal potential treatment pathway for neurodevelopmental disorder
Boeing reports net loss, revenue decrease in first quarter
U.S. stocks close mixed

Others Also Read