Boeing will set up a maintenance, repair and overhaul centre in South Korea to support the nation's fleet of F-15K Slam Eagle fighters.
The centre will be located in South Korea's Daegu-Gyeongbuk Free Economic Zone, Boeing said.
"Boeing continues to improve its services by bringing them closer to our customers, reducing turnaround time and costs for mission-essential components," Joe Song, Boeing's vice-president of international business development in Asia-Pacific for Defense, Space and Security, said in a statement.
"Over the past half century of working in partnership with the Republic of Korea, Boeing has come to realise Korea's strong infrastructure and the excellent knowledge and talent base of its people and industry. We can tap into that as we expand our presence locally and grow our operations while supporting Korea's development objectives," Song added.
Seoul operates 60 F-15Ks, which were chosen for the country's F-X I and F-X II requirements.
Boeing has proposed the Silent Eagle, an advanced variant of the F-15, for Seoul's current F-X III requirement for 60 aircraft. The type is competing against the Eurofighter Typhoon and Lockheed Martin F-35 Joint Strike Fighter.
Industry experts list the F-15SE and F-35 as the competition's favourites. The three rivals submitted their bids in late June, with a decision expected before the end of 2012.