BAE’s $200M S. Korean Fighter Upgrades Get DOD Thumbs Up

Law360, Washington (November 25, 2013, 8:49 PM EST) -- The U.S. Department of Defense on Monday gave its blessing to a BAE Systems PLC unit’s planned $200 million contract to provide F-16 fighter jet upgrade services to South Korea, saying the move would aid U.S. national security and policy goals.

The Defense Security Cooperation Agency — which is tasked with helping U.S. allies get access to equipment and other assistance when such assistance aids U.S. national security — announced that on Monday it had formally notified Congress of the deal, which will allow BAE to...
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