DAPA STIPULATES $400M OFFSETS FOR NAVAL HELICOPTERS

South Korea’s Defence Acquisition Program Administration (DAPA) has announced that it will push for $400m in offset obligations from any foreign vendor selected to supply the Korean Navy with twelve new anti-submarine warfare helicopters. The obligations can include technology transfers. The procurement would cost about $780m. Contenders include AgustaWestland, Sikorsky, and NHIndustries....

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