• EADS DROPPED FROM S. KOREA JET FIGHTER BID

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    SEOUL: European aerospace consortium EADS has been eliminated from a bid to provide fighter jets worth $7.3 billion to South Korea due to a failure to meet some requirements, a report said on Sunday. Seoul is seeking 45 one-seater aircraft and 15 two-seaters. But EADS proposed only six two-seater aircraft, which are costly to produce, due to budget problems.

    AFP

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