The Korean Fighter Experimental (KFX) aircraft programme stalled on 9 February when an insufficient number of companies lodged bids to secure a contract to complete development of the aircraft.
A spokesman from the country's military procurement agency - the Defense Acquisition Program Administration (DAPA) - told IHS Jane's that only one company had lodged a bid by the deadline.
This company is understood to be Korea Aerospace Industries (KAI), which is looking to undertake the KFX programme in collaboration with Lockheed Martin, with some of the work to be undertaken through defence offset attached to South Korea's programme to procure the F-35 Joint Strike Fighter.
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