Here's a pretty succinct summary:
The Joint Chiefs of Staff in South Korea will announce what the country is looking for in its $7.8B fighter jet tender tomorrow.I think that pretty much says it all. We should be hearing something over the next few days.
What the watch: The focus will be on the extent to which the military stresses the need to for stealth capabilities.
As Bloomberg notes, it isn't exactly a secret that the country wants Lockheed Martin's F-35, but procuring 60 of the fifth generation aircraft would require an extra investment of more than ₩2T.
Boeing (BA) and EADS (EADSF) are hoping for a split order.