Lockheed Martin and Aerospatiale Matra will not submit a joint bid for a 30% share of Korean Aerospace Industries

Lockheed Martin and Aerospatiale Matra will not submit a joint bid for a 30% share of Korean Aerospace Industries, leaving a joint Boeing/BAE Systems proposal as the only bidder to be a foreign investor. Lockheed Martin said that its bid to join the Korean Aerospace (KAI) team was held off because...

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