
South Korea will benefit from economies of scale when production of the F-35 stealth jet goes into full swing in the next five years if it signs a contract for 40 aircraft for delivery starting from 2018, a senior Lockheed Martin official said. Seoul is set to confirm a plan to buy 40 F-35As through the U.S. foreign military sales (FMS) program without open bidding, while the Defense Acquisition Program Administration (DAPA) and the finance ministry are currently deliberating the total budget.
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap

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