Hanwha Systems has won a $40 million contract from South Korea's Agency for Defense Development to develop a new multi-function radar for its L-SAM-II.
Innospace is again delaying the inaugural launch of its Hanbit-Nano rocket, after identifying technical issues during the pre-mission system qualification.
Japan and South Korea are initiating a pilot program in which passengers from each country will be able to use fast-track lanes at immigration at some airports.
South Korea's KAI and DAPA say the first production model of the KF-21 has entered final assembly, a significant milestone for the domestically produced fighter.
South Korean launch newcomer Innospace has signed an MOU with Saturn Satellite Networks that could lead to a joint venture to pursue the U.S. launch market.
The Japan Association for the 2025 World Exposition has canceled demo flights with LIFT Aircraft’s Hexa eVTOL after a motor propeller fell off in flight.
Hanwha Aerospace is expanding its engine R&D efforts following Seoul's commitment to pump $2.3 billion into development of a 16,000-lb. domestic fighter engine.
Anduril has signed three MOUs with South Korea’s Defense Acquisition Program Administration, LIG Nex1 and Korean Air to collaborate on uncrewed weapons and AI.
As KAI's production facilities are operating at full capacity to deliver South Korea's latest programs, the KT-1 basic trainer line could be offshored.
South Korea's Hanwha Aerospace says a capital raise of around $2.5 billion will fund expansion abroad, such as in Europe where defense spending has increased.
