S. Korea Seeks $400 Million ‘Offset’ Naval Chopper Deal

SEOUL, Nov. 8 (Korea Bizwire) — South Korea wants technology transfer or other benefits, worth US$400 million, from a foreign contractor for the supply of new naval choppers, the state arms procurement agency said Wednesday. The country plans to purchase a dozen anti-submarine warfare helicopters in a 780-million-dollar project. “(We) plan to push for an [...]