Saturday, May 25, 2024

Lockheed Martin to be competing in Korea’s tender to acquire 12 maritime helicopters

The U.S. aerospace and defense giant Lockheed Martin is expected to be competing to acquire the second batch of maritime helicopters for use in the Republic of Korea Navy.

According to The Korea Times report, the Defense Acquisition Program Administration (DAPA) has kicked off an open bid for South Korea’s second batch of 12 anti-submarine warfare (ASW) helicopters.

The bid for the Republic of Korea Navy’s new ASW helicopters runs from May 2 until Aug. 16.

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The U.S. aerospace and defense giant Lockheed Martin and Italian giant Leonardo are expected to be competing for DAPA’s batch-2 program featuring the acquisition of 12 helicopters for about 950 billion won ($802 million).

DAPA was going to sign a direct commercial sales (DCS) deal with Leonardo for 12 more Italian multi-mission helicopters last year, as no other competitors participated in the biddings in June and October.

Soon after the Nov. 14 deadline for the second bidding last year, however, the U.S. government sent a letter of price and availability for Lockheed Martin’s MH-60R Seahawk helicopters, giving Seoul the option of a Foreign Military Sales (FMS) deal with Washington.

DAPA now has a choice between the DCS deal and the FMS deal, based on renewed proposals by Leonardo and Lockheed Martin, respectively.

“The companies’ proposals shall first be evaluated to select the eligible entities. DAPA will then conduct a test and evaluation, and negotiations on the selected systems,” the procurement agency said in its latest announcement on the bid.

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Executive Editor

About author:

Dylan Malyasov
Dylan Malyasov
Dylan Malyasov is the editor-in-chief of Defence Blog. He is a journalist, an accredited defense advisor, and a consultant. His background as a defense advisor and consultant adds a unique perspective to his journalistic endeavors, ensuring that his reporting is well-informed and authoritative. read more

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