military transport aircraft
Scope
Date
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Aerospace & Defense
Korean aircraft maker KAI earmarks $3.4 bn in R&D investment by 2032
Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, is set to pour 4.5 trillion won ($3.4 billion) into ...
Mar 17, 2023 (Gmt+09:00)
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ESG
POSCO Flow to assist World Vision in transportation of relief goods
POSCO Flow, a logistics partner of World Vision, agreed on Tuesday to help transport relief and sponsorship goods for the humanitarian organization ...
Mar 08, 2023 (Gmt+09:00)
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Airlines
S.Korea's Fly Gangwon kicks off international air cargo service
Fly Gangwon, a South Korean low-cost carrier, announced on Monday the launch of its international air cargo transportation service on the Taipei rou...
Mar 06, 2023 (Gmt+09:00)
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Airlines
EastarJet to resume flights after three years of suspension
South Korean budget carrier EastarJet will resume flights on the domestic Gimpo-Jeju route on Mar. 26 after a three-year hiatus due to the COVID-19 ...
Mar 02, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea's KAI signs $105 mn deal to supply parts for Boeing aircraft
Korea Aerospace Industries Ltd. (KAI), the country’s military aircraft manufacturer, said on Tuesday it has signed a deal to produce and suppl...
Feb 28, 2023 (Gmt+09:00)
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Airlines
Korean Air, KIMS jointly develop stealth aircraft materials and parts
Korean Air and The Korea Institute of Materials Science (KIMS) have agreed to cooperate in developing aircraft materials and parts technology togeth...
Feb 24, 2023 (Gmt+09:00)
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Future mobility
S.Korea's UAM project finalizes list of 46 participating companies
Forty-six companies in South Korea including three in mobile telecommunications are participating in the Korean-style urban air mobility (UAM) demon...
Feb 23, 2023 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1 to work with Romanian state-run defense supplier
South Korea's defense contractor LIG Nex1 Co. will join hands with ROMARM, a Romanian state-run defense company, to develop anti-aircraft missiles a...
Feb 09, 2023 (Gmt+09:00)
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Future mobility
Kakao Mobility enters Laos under biz strategy for Southeast Asia
South Korea's Kakao Mobility has entered Laos under a plan to use the country as a base for the transportation company's operations in Southeast Asi...
Feb 01, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI signs agreement with Northrop Grumman to develop UAVs
Korea Aerospace Industries Ltd. (KAI) said on Thursday that it signed a memorandum of agreement (MOA) in relation to "technical cooperation on verti...
Jan 19, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korean fighter jet KF-21 makes first supersonic flight
The first prototype of the South Korean fighter jet KF-21 Boramae on Tuesday made its first supersonic flight six months since its inaugural trip to...
Jan 18, 2023 (Gmt+09:00)
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Korean startups
Smart transportation solution provider Alt-A enlists pre-Series A funding
Alt-A, which provides a transportation system specialized in last-mile roads, said Monday that it has received pre-series A funding from Shinh...
Jan 10, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Pan Ocean to transport energy products for Portugal's Galp
Pan Ocean Co., the top bulk shipping company in South Korea, has received its first large-scale liquefied natural gas (LNG) carrier to provide shipp...
Jan 05, 2023 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1 signs contract for next-gen military radio system
LIG Nex1 Co. said on Thursday it has signed a contract worth 80 billion won ($63.1 million) with the Defense Acquisition Program Administration for ...
Dec 29, 2022 (Gmt+09:00)
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Aerospace & Defense
KAI, KARI collaborate in developing Korean UAM
Korea Aerospace Industries Ltd. (KAI) has signed an agreement with the Korea Aerospace Research Institute (KARI) to help KARI perform a dry run test...
Dec 29, 2022 (Gmt+09:00)
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Aerospace & Defense
KAI to develop Korea's first mine-sweeper helicopter
Korea Aerospace Industries Ltd. (KAI) is poised to start R&D on a minesweeper helicopter that specializes in removing underwater mines.The compa...
Dec 23, 2022 (Gmt+09:00)
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Retail
S.Korea's CJ Logistics launches AI-based freight transportation platform
South Korea's CJ Logistics on Thursday said it launched The Unban, a freight transportation platform that directly connects senders and freight truc...
Dec 22, 2022 (Gmt+09:00)
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Carbon neutrality
POSCO, Malaysia’s Petros to join forces on carbon capture business
POSCO Holdings Inc., the holding company of South Korea’s top steelmaker POSCO, said on Monday it has joined forces with Malaysia’s ener...
Dec 12, 2022 (Gmt+09:00)
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Aerospace & Defense
Korean military aircraft maker KAI to spend $1.1 bn on R&D
Korea Aerospace Industries Ltd. (KAI), the country’s military aircraft manufacturer, is poised to invest 1.5 trillion won ($1.1 billion) in re...
Dec 12, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor signs MOU with OECD's International Transport Forum
Hyundai Motor Co. joined hands with the International Transport Forum under the Organization for Economic Cooperation and Development to strengthen ...
Dec 09, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Macquarie bids for transportation card operator Loca Mobility
Macquarie Asset Management participated in a bid on Dec. 6 to acquire Loca Mobility Corp., Lotte Card Co.’s subsidiary and the second-largest ...
Dec 07, 2022 (Gmt+09:00)
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Aerospace & Defense
Hyundai Rotem delivers first batch of K2 tanks to Poland in $3.4 bn deal
Hyundai Rotem Co., a South Korean defense equipment maker, said on Wednesday it has delivered the first batch of its battle tanks to Poland as part ...
Dec 07, 2022 (Gmt+09:00)
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Automobiles
Future transport center to make UAM, autonomous vehicle transfer easy
The Korean Ministry of Land, Infrastructure and Transport's Metropolitan Area Transportation Committee said on Sunday that it would promote establis...
Dec 05, 2022 (Gmt+09:00)
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Aerospace & Defense
S.Korean President Yoon to lead national space policy
South Korean President Yoon Suk-yeol is set to lead the National Space Council, the country’s top control tower for space development, in a bi...
Nov 28, 2022 (Gmt+09:00)
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Robotics
Hyundai Mobis to use self-running robots at Ulsan plant
Hyundai Mobis on Sunday said it will develop mobile robots usable at manufacturing sites and logistics hubs as well as a related logistics system ...
Nov 28, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung C&T, KSS Line to jointly transport clean hydrogen, ammonia
Samsung C&T Corp., the construction and trading arm of Samsung Group, is set to build an infrastructure for maritime transportation of clean hyd...
Nov 10, 2022 (Gmt+09:00)
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K-pop
K-pop megaband BTS to serve military duty, agency says
Members of K-pop boy band BTS will fulfill South Korea’s national military duty, starting with its oldest member Jin, their agency HYBE Co. an...
Oct 17, 2022 (Gmt+09:00)
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Aerospace & Defense
Malaysian officials to visit KAI plant for fighter jet deal
Malaysian government officials are scheduled to visit Korea Aerospace Industries Ltd. (KAI) next month for a light fighter jet contract, media repor...
Oct 04, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Aircraft maker KAI: Hanwha Group's new M&A target?
Hanwha Group’s agreement to buy a controlling stake in Daewoo Shipbuilding & Marine Engineering (DSME) Co. for 2 trillion won ($1.4 billio...
Sep 27, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Lotte Card seeks to sell transportation card subsidiary
South Korea’s credit card company Lotte Card Co. is slated to sell its subsidiary Loca Mobility Corp., the second-largest public transportatio...
Sep 25, 2022 (Gmt+09:00)
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