Friday, May 3, 2013

Drone sale to S. Korea OKd

SEOUL, South Korea -- The United States approved the sale of four Global Hawks to South Korea, eight years after its request, Seoul's acquisition agency said Thursday. But the purchase may be reconsidered due to the cost. The Defense Acquisition Program Administration said it has received the letter of offer and acceptance for Global Hawks made by Northrop Grumman Corp. from the Pentagon in mid-April after it won congressional approval. Although the proposed price for four drones hasn't been made public, it reportedly well exceeds the $435 million initially set by the Seoul government. (Source: Yonhap, 05/02/13) Gulf Coast note: Global Hawks are made in part in Moss Point, Miss.