AGL 39.65 Decreased By ▼ -0.35 (-0.88%)
AIRLINK 129.78 Increased By ▲ 0.72 (0.56%)
BOP 6.80 Increased By ▲ 0.05 (0.74%)
CNERGY 4.70 Increased By ▲ 0.21 (4.68%)
DCL 8.50 Decreased By ▼ -0.05 (-0.58%)
DFML 41.07 Increased By ▲ 0.25 (0.61%)
DGKC 81.55 Increased By ▲ 0.59 (0.73%)
FCCL 32.80 Increased By ▲ 0.03 (0.09%)
FFBL 74.45 Increased By ▲ 0.02 (0.03%)
FFL 11.92 Increased By ▲ 0.18 (1.53%)
HUBC 109.90 Increased By ▲ 0.32 (0.29%)
HUMNL 14.34 Increased By ▲ 0.59 (4.29%)
KEL 5.25 Decreased By ▼ -0.06 (-1.13%)
KOSM 7.70 Decreased By ▼ -0.02 (-0.26%)
MLCF 38.41 Decreased By ▼ -0.19 (-0.49%)
NBP 65.47 Increased By ▲ 1.96 (3.09%)
OGDC 193.23 Decreased By ▼ -1.46 (-0.75%)
PAEL 25.78 Increased By ▲ 0.07 (0.27%)
PIBTL 7.39 No Change ▼ 0.00 (0%)
PPL 154.10 Decreased By ▼ -1.35 (-0.87%)
PRL 25.42 Decreased By ▼ -0.37 (-1.43%)
PTC 17.60 Increased By ▲ 0.10 (0.57%)
SEARL 79.75 Increased By ▲ 1.10 (1.4%)
TELE 7.74 Decreased By ▼ -0.12 (-1.53%)
TOMCL 33.74 Increased By ▲ 0.01 (0.03%)
TPLP 8.49 Increased By ▲ 0.09 (1.07%)
TREET 16.28 Increased By ▲ 0.01 (0.06%)
TRG 57.60 Decreased By ▼ -0.62 (-1.06%)
UNITY 27.68 Increased By ▲ 0.19 (0.69%)
WTL 1.39 No Change ▼ 0.00 (0%)
BR100 10,592 Increased By 147 (1.41%)
BR30 31,174 Decreased By -15 (-0.05%)
KSE100 99,123 Increased By 1324.9 (1.35%)
KSE30 31,003 Increased By 522 (1.71%)

South Korea Wednesday named US aerospace giant Boeing as winner of a 1.6 billion dollar deal to provide four AWACS early warning aircraft, officials said.
The deal was endorsed at a defence acquisition committee headed by Defence Minister Yoon Kwang-Ung, the ministry's Defence Acquisition Program Agency said. "The contract price will be slightly below 1.6 billion dollars," agency spokesman Park Sung-Soo told AFP, adding a formal contract would be signed by the end of this month. South Korea chose Boeing as sole bidder in August, dropping Israeli aircraft maker IAI ELTA. The project will provide four spy planes, with the first two deployed in 2009 and the other two in 2011.
South Korea is still technically at war with North Korea since the 1950-53 conflict ended with an armistice instead of a peace treaty, and tensions have grown with the North's missile and nuclear tests this year.

Copyright Agence France-Presse, 2006

Comments

Comments are closed.