GE picked as preferred bidder to supply engines for next-generation fighter jets
May 26, 2016
U.S. company General Electric was selected on Thursday as the preferred bidder to supply engines for South Korea's next-generation fighter jets, Seoul's state arms procurement agency said.GE has been picked as the supplier for the Korean Fighter Experimental (KF-X) program, according to the Defense Acquisition Program Administration.European engine maker Eurojet Turbo GmbH and GE had been vying to become the engine provider for the 18 trillion won ($15.3 billion) project that calls for building