CongressÂ has been notified by the Defense Security Cooperation Agency about a BAE Systems contract with South Korea that was announced approximately 16 months ago, Washington Business Journal reported Tuesday.
Jill R. Aitoro writes the company was awarded a $1.1 billion contract to update South Korea’s KF-16 fighter planes.
Congress is given 15 days to study the contract and will then send a letter of agreement to South Korea if the deal is approved, the report said.
Aitoro writes BAE aims to finalize the first phase of the contract before the year ends, which includes engineering, logistics and technical support work for the first part of the upgrade initiative.
If the second phase is implemented, the work will need a different notification and will involve the integration of radar and avionics into the fighter jets, Washington Business Journal reports.