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SKorea begins bidding for $7.3 billion fighter buy

South Korea has begun accepting bids from aircraft makers to supply 60 new fighter jets at an estimated cost of $7.3 billion (8.3 trillion won).Two arms procurement officials said the bidding began Tuesday and is scheduled to end next week. Boeing's F-15 Silent Eagle, EADS' Eurofighter Typhoon and Lockheed Martin's F-35 Joint Strike Fighter are competing.The deal would be South Korea's biggest arms purchase ever. The 60 fighter jets will replace the country's aging fleet of F-4s and F-5s.Both officials at the Seoul-based Defense Acquisition Program Administration declined to be identified by name, citing office policy.South Korea faces rival North Korea over a heavily armed border. The 1950-53 Korean War ended in a truce that has left the Korean Peninsula technically at war....

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  1. Remains of missing soldier being returned to Ala.

    The remains of a soldier who was considered missing In action during the Korean War is set to be returned to his relatives in Alabama.WBMA-TV (http://bit.ly/13eBdb5)...

  2. Small Business Center 5/29/2013

    New program helping to fund veteran start-ups. A Made in America men's grooming company takes off.Plus - concerns over a crackdown on sidewalk cafes.

  3. Koreas agree to hold talks on reopening joint factory complex

    North and South Korea on Thursday agreed to hold talks on reopening a jointly run factory complex and other cross-border issues, after months of deteriorating relati...

  4. Koreas agree to hold talks on reopening complex

    North and South Korea on Thursday agreed to hold talks on reopening a jointly run factory complex and possibly other issues, after months of deteriorating relations ...

  5. North Korea says it's open to talks with South

    North Korea says it is open to holding talks with South Korea on reopening their jointly run factory park in the first public response to Seoul's proposal last month...

  6. President Obama makes Memorial Day remarks

    Speech remembers veterans, families

  7. America's female soldiers: Bravely serving and dying in the line of duty

    Brittany Gordon was a 24-year-old Army intelligence analyst when an Afghan suicide bomber detonated an explosive vest under his military uniform in Kandahar province...

  8. President Obama lays wreath, speaks at Arlington National Cemetery

    President Obama marked Memorial Day by placing a wreath at the Tomb of the Unknowns at Arlington National Cemetery near Washington. In a speech following the wreath ...

  9. North Korea vows to cancel Korean War cease-fire

    North Korea vowed Tuesday to cancel the 1953 cease-fire that ended the Korean War, citing a U.S.-led push for punishing U.N. sanctions over its recent nuclear test a...

  10. Medal of Honor soldier killed in Korean War to receive hero's burial

    The remains of a soldier awarded the Medal of Honor after being killed in the Korean War will be returned to his relatives for burial with full military honors more ...

  11. Korean War veteran, 82, granted dying wish to walk deck of old ship

    Korean War veteran Gerald Bowman gamely walked up the gangplank to board the ship he had not seen in almost six decades. The 82-year-old is suffering from congestive...

  12. Korean war veteran to be buried 62 years after disappearance

    A Maryland family is saying goodbye to a Korean War soldier 62 years after he disappeared.The Cumberland Times-News reports that the burial Wednesday of Pfc. James H...

  1. US wants 'credible negotiations' with North Korea

    The Obama administration said Sunday it was receptive to North Korea's proposal for high-level talks, but wants "credible negotiations" that will lead to a nuclear-f...

  2. Korean War veteran takes dive to underwater "Christ of the Deep" statue

    Korean War veteran Gabe Spataro's recent dive to an underwater statue of Jesus he helped transport from Italy to the United States was a reunion 51 years in the maki...

  3. North Korea proposes high-level nuclear talks with US

    North Korea's top governing body on Sunday proposed high-level nuclear and security talks with the United States in an appeal sent just days after calling off talks ...

  4. Koreas talk in border "truce village" after tensions

    Government delegates from North and South Korea began preparatory talks Sunday at a "truce village" on their heavily armed border aimed at setting ground rules for a...

  5. Koreas agree to meet for highest level talks in years

    The two Koreas will hold their highest-level talks in years Wednesday in an effort to restore scrapped joint economic projects and ease animosity marked by recent th...

  6. Incentive for Korea talks remains despite failure

    South Korea dismantled the meeting table, pulled down the placards and rolled up the red carpet. Its intended guest, North Korea, has stopped answering the phone.The...

  7. NKorea proposes working level talks with SKorea

    North Korea on Friday proposed holding low-level government talks with South Korea this weekend as the rivals look to mend ties that have plunged during recent years...

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