Hanwha Systems has broken ground on its new Jeju Hanwha Space Center, a purpose-built South Korea facility for the manufacturing and testing of satellites.
The Incheon metropolitan government has released an advanced air mobility concept of operations for the port city, South Korea’s third largest metropolis.
Seoul has extended a contract with Pratt that will see the company provide performance-based logistics for F-15K and K/F-16 F100 engines until end-2027.
Korean Air has agreed to sell off Asiana Airlines' cargo business and support T'Way's European expansion to secure approval from Brussels for the takeover.
Saudi Arabia will acquire 10 batteries of the KM-SAM Block II medium-range air defense system in a deal worth $3.2 billion, the South Korean Defense Ministry told media.
Large spans of water and a lack of strategic depth in some countries make airborne early warning assets a valuable commodity for air forces in the region.
North Korea has claimed a successful test firing of a new, solid-fueled, intermediate-range ballistic missile carrying a maneuverable warhead on Jan. 14.
