LMT Lockheed Martin Corp

Lockheed Martin Corp. said South Korea has formally selected its F-35 Lightning II aircraft for the Asian country's F-X fighter acquisition program.

"We look forward to supporting the discussions between the Republic of Korea and U.S. governments in support of a final agreement this year," said Orlando Carvalho, Lockheed Martin Aeronautics executive vice president, in a statement Monday.

The U.S. company said South Korea is set to become the third foreign country whose military has procured the F-35, following Israel and Japan, which selected the F-35A in 2010 and 2011, respectively.

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