DTN News - KOREAN DEFENSE NEWS: Europe Asks Korea To Join Eurofighter Program....NSI News Source Info # 2175(NSI News Source Info) TORONTO, Canada - July 5, 2011: A multination consortium in Europe has invited Korea to join its high-end jet production project in an apparent attempt to win what would be Korea’s biggest arms-procurement deal.
The move came following Seoul’s announcement that it would purchase 60 advanced fighter aircraft in line with its push to shift the country’s military posture from passive defense to proactive deterrence with a projected budget of up to 10 trillion wo
n ($8.96 billion).
“We welcome the Korean industry to participate as EADS’s full member,” Erwin Obermeier, a senior advisor of export projects at EADS, said at the International Conference for Air and Space Power held downtown Seoul last week.
“It’ll share all the benefits, knowledge and technologies of Eurofighters.”
EADS, or European Aeronautic Defense and Space, is a multi-national consortium from Germany, UK, Spain and Italy.
The largest aerospace and defense contractor in Europe reportedly offered a better deal in Korea’s last jet acquisition project in 2008 than its American competitor Boeing, but lost the bid due largely to political decisions.
Obermeier underlined that EADS’s Eurofighter program will offer a unique potential for the Korean industry to access the global market.
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