Boeing Says ‘Confident’ of Winning South Korean Fighter Jet Deal

Boeing Co., maker of the F-18 and F-15 fighter jets, said it’s “very confident” of winning a $7 billion South Korean order for combat planes as it boosts focus on Asia amid shrinking military spending at home. “If you look at the budget situation in Europe and the U.S., we have to make some grounds somewhere,” Joe Song, director, Asia Pacific International Business Development of Boeing defense, said in an interview in Singapore yesterday. “The focus is Asia and the Middle East right now.”

See the full article at Business Week