Aerospace & Defense
Aerospace & Defense
Kia rides defense sector boom with military vehicles
Feb 06, 2024 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1, Hyundai Rotem to team up for Middle East export
South Korea's major defense maker LIG Nex1 Co. announced on Tuesday that it has signed a memorandum of understanding (MOU) with Hyundai Rotem Co. to ...
Feb 06, 2024 (Gmt+09:00)
1 Min read -
Aerospace & Defense
KAI sees record-high earings in 2023
Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, posted record revenue last year, boosted by the expo...
Feb 02, 2024 (Gmt+09:00)
1 Min read -
Aerospace & Defense
Huneed, DTC to co-work for military radio equipment
South Korea's Huneed Technologies announced on Tuesday that it has signed a teaming agreement with the UK-based Codan Communications DTC. The two com...
Jan 31, 2024 (Gmt+09:00)
1 Min read -
Aerospace & Defense
Korea unveils next-gen howitzer plans for defense exports
South Korea introduced plans for the development of next-generation self-propelled howitzers to its existing customers as the country aims to foster ...
Jan 26, 2024 (Gmt+09:00)
2 Min read -
Aerospace & Defense
IMM invests $97 mn in Korean supplier of Boeing, Airbus
IMM Investment Corp., a major South Korean private equity firm, invested $97 million in Kencoa Aerospace Corp., a local supplier of global industry l...
Jan 19, 2024 (Gmt+09:00)
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Aerospace & Defense
Boryung, Axiom Space launch joint venture in Korea
Boryung Corp., a South Korean healthcare investment company, said on Thursday it has officially launched a joint venture with Axiom Space, a US comme...
Jan 11, 2024 (Gmt+09:00)
1 Min read -
Aerospace & Defense
S.Korea to mass-produce homegrown fighter jet in 2024
South Korea is set to start mass production of the KF-21, its homegrown supersonic fighter jet, this year for expected deployment of the warplane for...
Jan 10, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Ocean, Gabler to collaborate for submarine MRO
South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, announced on Wednesday that it has signed a technical agreement wi...
Jan 10, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha to develop own gas turbine engine for future growth
CHANGWON, South Gyeongsang Province – Hanwha Group, South Korea’s chemicals-to-defense conglomerate, is set to double its local gas turbi...
Jan 04, 2024 (Gmt+09:00)
4 Min read -
Aerospace & Defense
KAI completes 1st batch of fighter jet exports to Poland
Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, completed its first batch of fighter jet exports to P...
Jan 02, 2024 (Gmt+09:00)
2 Min read -
Aerospace & Defense
Korea to domestically develop air-to-air missiles for KF-21
South Korea plans to develop short-range, air-to-air missiles to be mounted on the Korean fighter KF-21 with homegrown technology by 2035 in a 591.9 ...
Dec 29, 2023 (Gmt+09:00)
1 Min read -
Aerospace & Defense
KAI secures $1.1 bn deal to mass-produce light-armed helicopters
Korea Aerospace Industries Ltd. (KAI), the sole military aircraft manufacturer in the country, announced on Wednesday that it has signed a contract w...
Dec 27, 2023 (Gmt+09:00)
1 Min read -
Aerospace & Defense
Hanwha wins S.Korean military anti-drone system deals
South Korean aerospace and defense maker Hanwha Systems Co. is set to establish a military system to cope with small unmanned aerial vehicles (UAVs) ...
Dec 22, 2023 (Gmt+09:00)
2 Min read -
Aerospace & Defense
S.Korean drone exports quadruple from goal
South Korean drone exports surged to $1.11 million in 2023, exceeding the government's target by more than four times, fueled by strong demand for dr...
Dec 19, 2023 (Gmt+09:00)
1 Min read -
Aerospace & Defense
Hanwha Systems to develop swift, accurate mine detection tech
South Korea's Hanwha Systems Co. is set to embark on the development of a mine detection system using big data and artificial intelligence (AI) techn...
Dec 15, 2023 (Gmt+09:00)
1 Min read -
Aerospace & Defense
KAI inks support deals for exported fighter jets to Poland
Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, agreed with Polish companies on follow-up support mea...
Dec 14, 2023 (Gmt+09:00)
1 Min read -
Aerospace & Defense
Hanwha clinches $2.4 bn Australian armored vehicle deal
Hanwha Aerospace Co. has won a $2.4 billion armored vehicle supply deal to Australia, adding to expectations that the South Korean defense industry w...
Dec 08, 2023 (Gmt+09:00)
2 Min read -
Aerospace & Defense
S.Korea to buy more F-35As, but picks Embraer C-390s for transport
South Korea has chosen the F-35A by US-based Lockheed Martin Aeronautics as its stealth aircraft and Brazil-headquartered aerospace company Embraer&r...
Dec 04, 2023 (Gmt+09:00)
2 Min read -
Aerospace & Defense
Hanwha Aerospace to export more K9 howitzer to Poland
Hanwha Aerospace Co. announced on Monday that it signed a $2.6 billion executive contract with the Polish State Armament Agency to export additional ...
Dec 04, 2023 (Gmt+09:00)
1 Min read -
Aerospace & Defense
KAI inks deal with SpaceX to launch mid-sized satellites in 2025
Korea Aerospace Industries Ltd. (KAI) announced on Friday that it has signed a deal with the US space firm SpaceX to launch South Korea's next-genera...
Dec 01, 2023 (Gmt+09:00)
1 Min read -
Aerospace & Defense
Hanwha Ocean showcases Jangbogo-III submarine in Warsaw
South Korean shipbuilder Hanwha Ocean Co. held the Hanwha Ocean Day event in Warsaw, Poland, on November 29 for local media, to showcase its involvem...
Nov 30, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Ocean to develop submarine technology to evade detection
South Korea's Hanwha Ocean Co. has consecutively secured contracts for naval technology-related vessel research projects. The company recently announ...
Nov 29, 2023 (Gmt+09:00)
1 Min read -
Aerospace & Defense
Korean defense sector to offset semiconductor downturn: FT
South Korea’s defense sector is enjoying booming demand from countries across the world that are cutting their reliance on Russian weapons, off...
Nov 27, 2023 (Gmt+09:00)
3 Min read -
Aerospace & Defense
LIG Nex1 completes USV test facility
South Korea's LIG Nex1 Co. announced on Friday that it completed a system assembly test facility dedicated to unmanned surface vehicles (USV) in Gumi...
Nov 24, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems to launch small SAR satellite by year-end
South Korea's Hanwha Systems Co. announced on Wednesday that it plans to launch its own small synthetic aperture radar (SAR) satellite by the end of ...
Nov 22, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korean aerospace firms to co-work for SLV
South Korea's aerospace companies will collaborate to secure launch vehicle technology for small satellites weighing less than 500kg. The South Kore...
Nov 21, 2023 (Gmt+09:00)
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Aerospace & Defense
Hyundai Wia to defend against illegal drones
South Korea's second-largest automotive parts supplier Hyundai Wia Corp. plans to develop an anti-drone system (ADS) technology tailored to the uniqu...
Nov 16, 2023 (Gmt+09:00)
1 Min read -
Aerospace & Defense
KAI participates in Dubai Airshow 2023
Korea Aerospace Industries Ltd. (KAI), South Korea's sole military aircraft manufacturer, announced on Tuesday that it has participated in the "Dubai...
Nov 14, 2023 (Gmt+09:00)
2 Min read -
Aerospace & Defense
Hanwha Systems to develop extra-large UUV platform technology
Hanwha Systems Co., the defense and air mobility unit of Hanwha Group, will develop technology that will pave the way for the development of Korea-ma...
Nov 10, 2023 (Gmt+09:00)
1 Min read
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