Friday, November 20, 2015

Lockheed Negotiating With South Korea Over List of 21 Technologies to be Transferred for KF-X Stealth Fighter

Lockheed Martin officials will visit Korea this week to discuss the transfer of technologies related to the country's KF-X project, the development of an indigenous fighter.

Lockheed Martin officials will visit the Defense Acquisition Program Administration (DAPA) this week," said spokesman Col. Kim Si-cheol, Tuesday. "Working-level officials of the company and DAPA are checking on the progress of the U.S. government's inspection into the transfer of 21 technologies to Korea."

Kim, however, showed a subtle change from his existing position that the transfer of the 21 technologies, stipulated in an offset deal, including a flight control system, was a done deal.

He said it is a contractual obligation for Lockheed Martin to transfer technologies worth $1.41 billion, noting that although the company is changing the types to be handed over to Korea from the original list, it should be valued at the agreed amount.

The remark was construed to mean the list of technologies to be transferred could be changed after the U.S. government inspection.

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