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.
The U.S., Japan and South Korean militaries have activated a missile data sharing system to track and disseminate North Korean missile information in real time.
Both North Korea and South Korea are expected to conduct their own satellite launches in the coming days to validate their respective rocket technologies.
The Raytheon SM-6s will be fitted onto the new South Korean Navy KDX Batch II destroyers, the first of which—christened Jeongjo the Great—has begun sea trials.
On the heels of three competitive victories in the last 18 months, the C-390 Millennium is gearing up for a new round of major contract opportunities around the globe.
