Korea cancels BAE Systems contract for F-16 upgrade
Washington (UPI) Nov 6, 2014 - A $139 million contract for the upgrade by BAE Systems of South Korean F-16 fighters has been canceled at the request of the Korean government. The U.S. Defense Security Cooperation Agency in making the announcement said it has notified BAE Systems Technology Solutions & Service of the action and will work with the company to close out the contract, which was made last May. No re ... more
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