South Korea Agrees to Purchase 40 F-35 Stealth Fighters
South Korea will ink a deal this month to purchase 40 Lockheed Martin F-35 fighter jets for about 7.34 trillion won ($7.06 billion) with incremental delivery slated for 2018-2021.
This makes South Korea the 10th country to choose the F-35 as the nation looks to replace its aging fighters and to compliment its F-15K Slam Eagle warplanes.
“We have agreed to acquire 40 jets within the total budget and reflect all the terms negotiated during the 2013 competition,” South Korea’s Defense Acquisition Program Administration said in a statement on Wednesday.
Lockheed said deliveries of the South Korean F-35s will begin in 2018, when the first South Korean pilots will start training at Luke Air Force Base in Arizona.
South Korea had originally planned to spend as much as 8.3 trillion won to buy 60 jets, but reduced the order to 40 jets last year after dropping an option to buy more F-15s in favor of the F-35 with its stealth capabilities.
The Latest Haps
A number of ceremonies will be held for the 69th UN Day, on the 24th at the Nations Memorial Cemetery in Korea, UNMCK.
Ahead of the Busan Fireworks Festival on Saturday, traffic will be rerouted around Gwangan Bridge starting today.
A 2.3 magnitude undersea earthquake occurred about 24 kilometers east of Busan Gijang-gun at 6:33 am this morning.
How many different ways can you say “welcome?”
Estonian-American conductor Kristjan Järvi leads the exciting new project, Absolute Korea, featuring violinist Sarah Chang with a performance next Sunday, October 26th, at the Busan Cinema Center Outdoor Theater. Show time begins at 7 p.m. According to the group, they take familiar traditional and modern Korean songs and add a pinch of modern flavor. The Korean-inspired […]
Marat Surulu’s The Move, a rare film festival entry for the nation of Kyrgyzstan, is a laborious, meditative, and plodding film. Though the sedating tendencies of its pace stymie the easy enjoyment of the nearly three hour epic, The Move will crawl into one’s senses as Surulu hypnotizes the viewer with beautiful cinematography. The mise-en-scene of the […]
The divorce rate among couples married for 20 years or longer surged to a record high last year.
The ITU (International Telecommunication Union) Plenipotentiary Conference, dubbed the “IT Olympics,” is set to kick off in Busan. It is slated to open today at BEXCO in Centum City for three weeks from Oct. 20-Nov. 7. The conference is one of three recent mega-scale global events along with Russia’s Sochi Winter Olympics last February and Brazil’s […]
The city has seen a surge in establishments offering some real French dining options.
Browse our guide and start making your plans for fright-night now.
McDonald’s Korea has cut the price of its McMorning Egg McMuffin by 900 won during its latest promotion. The breakfast special usually priced at 2,400 won is now on sale for 1,500 won through November 6th. The Egg McMuffin is one of the biggest breakfast sellers for the company and comes with Canadian bacon, egg […]
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The county’s main claims to historical fame are that a minor victory over the Japanese was scored there in 1592
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The Busan IPark used their best offensive output of the season to easily defeat Gyeongnam 4-0 at the Asiad World Cup Stadium Sunday afternoon. With the victory, their second in a row and seventh of the seasson, the IPark moved into ninth place, one point ahead of Seongnam. The IPark are now undefeated in five […]
The Samsung Lions clinched their fourth consecutive pennant in the top South Korean baseball league with a narrow victory on Wednesday.
Five KT players scored in double digits as the new look KT Sonic Boom improved to 2-1 on the season with an 84-79 victory over last year’s league finalists LG Sakers in Changwon. Marcus Lewis and Yoon Yeo-gwan led the KT attack with 14 points each, with Lewis adding 11 rebounds. KT outscored LG 24-15 […]