By | July 06 2012 1:41 PM

It's America versus Europe again in the latest battle for a giant, multibillion-dollar international order for fighter jets. South Korea is looking to replace some of its older warplanes with more modern machines, and has selected Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and EADS (EPA: EAD) Eurofighter as finalists, the Korea Times reported.