Boeing Could Sweep the Field in South Korea

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Last week, the Boeing company from a pentagon official confirmed that it has won the contract, provide 36 AH - 64 e apache attack helicopters, South Korea, defeated opponent Textron company (NYSE: TXT) of the contract. The sale of expected net Boeing anywhere from $9.04 million to $9.04 million, depending on the Numbers you believe in. (maybe even more than Boeing won a 30 apache to sell Taiwan earlier this month, the United States congress report estimates that the smaller Taiwanese contract eventually may produce as much as $250 million of Boeing).
The apache helicopter flight. Source: the Boeing company.
The Boeing company seems to have caught a larger south Korean defense contract. Known as "FX III", this is a contract, continue to new stealth technology is a modern air force fighter with Asian countries, the aging F - 4 "ghosts". , according to a report released by South Korea hold their intentions, pay no more than $60 $74 billion new fighter jets.
But here's the problem: when the defense security cooperation agency notified congress of potential sales are lockheed Martin (NYSE: ending) and Boeing jets to Korea (sell quickly, in the form of clear whether defence contractors - event contract), DSCA quoted lockheed's price at $10.8 billion. "
This is way, way with the budget in the south, it shows that the lockheed price competition. Boeing lowballed competition, at the same time, the estimated price is only $240 million, its new F - 15 se "silent eagle fighter five dozen.
Boeing's F - 15 se. Source: Boeing to north Korea.

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A few weeks ago, south Korean defense acquisition program administration confirmed that bidding FX - III in the three companies, with at least one is below $740 million. Know that we know of Boeing's offer - this is a very worth considering, the name of the company as "Boeing".
Side note: it is said that the eurofighter company still have hope, it will steal the contracts, emphasized the pilot has not yet had a chance to Korea to test flight of the F - 35 / F - 15 se, but the flight of typhoon. However, the typhoon is a real like F - 35 stealth fighter. Estimates range from $6.1 billion to $8.15 billion price tag, it seems to take far more than the F - 15 se.
Silly thought in the end
In the favour of Boeing in the end, one of the factors: the first 2 rounds of "FX" fighter jet of the purchase, have already taken place, Boeing has swept across fields, to win the contract, to sell South Korea's a total of 60 k F - 16 fighter jet. As a result, we already know that South Korea's F - 15 is like a taste. Oddly, the chance to buy more advanced version, and the price is far lower than the budget, they will seize the opportunity.
The decision is expected in the next month. Stay tuned.
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