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state-dept-clears-south-koreas-675m-f-35-support-extension-request

State Dept Clears South Korea’s $675M F-35 Support Extension Request

Jeff Brody

South Korea requested to procure follow-on support for F-35 jets and components through a potential $675M foreign military sales agreement with the U.S. government.

Lockheed Martin (NYSE: LMT) and Pratt & Whitney will be the principal contractors for the State Department-approved FMS transaction, the Defense Security Cooperation Agency said Friday.

The proposed sale covers support for aircraft, weapons, engines and associated equipment, as well technical documentation, software delivery, logistics and program support.

DCSA notified Congress of the deal and added the transaction would require the deployment of up to 26 additional contractor personnel to South Korea.

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