June 25, 2018 / 9:21 AM / in 4 months

S.Korea picks Boeing P-8 for $1.7 bln maritime patrol aircraft contract

SEOUL, June 25 (Reuters) - South Korea’s military picked Boeing Co to supply the country’s maritime patrol aircraft in a contract worth around 1.9 trillion won ($1.71 billion), a senior executive at Boeing said on Monday.

The South Korean procurement agency Defense Acquisition Program Administration (DAPA) said separately that it had decided to buy the P-8 Poseidon aircraft through the U.S. government foreign military sales programme.

South Korea said in February that it would procure from overseas new maritime patrol aircraft with stronger anti-submarine capabilities in order to better respond to the threat of North Korea’s submarine-launched ballistic missiles. (Reporting by Christine Kim; Writing by Joyce Lee; Editing by Himani Sarkar)

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