30 Boeing Attack Helicopters Heading to South Korea

(Motley Fool) By now you've probably heard the news; The Pentagon's Defense Intelligence Agency thinks "with moderate confidence" that North Korea has developed a nuclear weapon capable of being delivered on a ballistic missile. Good news, though: The DIA thinks such a weapon would have "low reliability."

If you're like me, "low reliability" doesn't exactly elicit feelings of confidence. I mean, how accurate do you need to be to do damage with a nuke? Apparently, South Korea feels the same, as it intends to spend $1.6 billion to purchase attack helicopters from Boeing (NYSE: BA ) equivalent to 30 helicopters at an estimated $52 million base price. South Korea also wants to purchase 60 fighter jets, all for the express purpose of countering North Korea's threats.

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