LMT - Amid Kim Jong Un's Escalating Threats South Korea Plans To Procure 20 More Stealth Fighter Jets Made By Lockheed Martin | Benzinga
In a bid to enhance its defense capabilities, South Korea has decided to procure an additional 20 F-35A stealth fighter jets from the U.S.. The decision comes in light of mounting military threats from Kim Jong Un‘s North Korea.
What Happened: On Wednesday, South Korea’s Defense Acquisition Program Administration (DAPA) acknowledged the signing of a contract with the U.S. government earlier this month, as reported by Yonhap News Agency.
The deal follows the U.S. government’s approval of the sale in September. The newly acquired jets, manufactured by American aerospace giant Lockheed Martin (NYSE:LMT), add to the 39 F-35As currently in the possession of the South Korean Air Force.
The 20 F-35As, slated for delivery in 2027, will endow the Air Force with improved operational and security capacities. The F-35A stealth fighter jet is a vital resource for the South Korean military, providing high-performance radar and stealth features for strategic long-range strikes.
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