A South Korean opposition lawmaker has claimed that the US aerospace giant Lockheed Martin secured 7.3 trillion won ($6.43 billion) F-X project despite it failed to satisfy the conditions “requiring the value of the firm’s offset program to meet at least 50 percent of the total cost of the deal”.
In 2014, the government decided to buy 40 Lockheed F-35 stealth fighters as the Republic of Korea Air Force’s next-generation fighters, rather than Boeing’s F15-SEs.
Rep. Kim Jong-dae of the Justice Party was quoted as saying by The Korean Herald on Wednesday that Lockheed Martin “benefited from favoritism from the South Korean military”.
Citing documents he received from the Defense Acquisition Program Administration (DAPA), Kim said Lockheed Martin failed to meet the conditions of the offset program until February 2013 when the F-X project was ongoing.
After a month, the U.S. company belatedly added the delivery of a communications satellite to its offset program, and this raised the program rate to 63.4 percent from 27.8 percent.
The lawmaker said the satellite was not among the items required by the South Korean military. But the company won the deal the following year, and Seoul decided to introduce the communications satellite through the offset agreement without conducting a feasibility study.
However, in September 2015, the U.S. firm put the satellite project on hold, citing mounting manufacturing costs, and demanded Seoul share the excess. Helped by the U.S. government’s meditation, Lockheed Martin recently agreed to resume work to build the satellite as originally agreed.
But the delay in delivering the satellite costed DAPA about at 30 billion won ($26 million).
“The F-X was a project of Lockheed Martin, by Lockheed Martin, for Lockheed Martin,” Rep. Kim said. “Those who were responsible for the damages to the state coffers should take responsibility”.
The state-run Board of Audit and Inspection has been investigating the controversial F-X project.
South Korea has unveiled an advanced Active Electronically Scanned Array (AESA) radar prototype for its home-grown K-FX fighter jet program. South Koreas state-run Agency for Defense Development (ADD) conducted various tests of the mock-up version of the AESA radar run by Hanwha Systems,
South Korea has signed a technology support contract with an Israeli defense firm and has abandoned a plan to build a radar system for its KF-X fighter jet program. The state-run Agency for Defense Development signed the contract with Elta without revealing the exact volume of the contract
South Korea will complete the development of the first prototype of an advanced radar system for country's indigenous fighter jets by 2020, the state arms procurement agency said Wednesday. The state-run Agency for Defense Development has begun the process of developing the active electronically scanned array radars for some 120 KF-X fighter jets that South Korea seeks to develop by the mid-2020s, the Defense Acquisition Program Administration told Yonhap
South Korea has ordered an investigation in the US denial of technology for the nations multi-billion dollar KF-X fighter jet project. The US did not allow exports of four major technologies promised for the South Korean project in a decision made in April
The German Air Force (Luftwaffe) appears to prefer the Lockheed Martin F-35 fifth-generation fighter as replacement for its three decade old Tornados. The Luftwaffe wants to replace its fleet of 85 Panavia Tornados procured in the 1980s, with ‘fifth-generation aircraft to meet the full spectrum of our needs,” Lt
Spain, Belgium and Italy have shown interest in a European fighter jet project announced by French President Emmanuel Macron and German Chancellor Angela Merkel in July. Airbus Defence and Space chief executive Dirk Hoke said Friday that France and German should "quickly" move forward with plans for a joint European fighter jet system to replace their current fighter jet fleet which may become obsolete in "about 15 years' time"
Orbital ATK has received an initial $24 million contract from Lockheed Martin to produce additional composite components for the F-35 Joint Strike Fighter. Under the terms of the three-year contract, Orbital ATK will produce bullnose and blade seals at its facility in Clearfield, Utah
South Korea, the United States and Japan commenced a joint missile warning exercise on Tuesday, which would enable them to detect and track missiles launched from North Korea. The trilateral exercise began its two-day run in the waters off South Korea and Japan, mobilizing four Aegis combat system-equipped ships from the three countries, according to the Joint Chiefs of Staff (JCS), according to Yonhap
The US Department of Defense Ordnance Technology Consortium (DOTC) has awarded Lockheed Martin a contract for the technology maturation of Lower Tier Air & Missile Defense Sensor (LTAMDS) prototypes. DOTC, commissioned by the Under Secretary of Defense for Acquisition, Technology and Logistics, is a DoD initiative intended to facilitate collaboration between the government, industry and academia for technology development and prototyping
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