South Korea

The South Korean National Assembly has assigned a KRW 238.6 billion ($182.9 million) production budget for Korea Aerospace Industries KF-21 fighters.

South Korean commercial banks are stepping in to provide financing for arms sales to Poland.

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.

The Korea Aerospace Research Institute has flown its electric- vertical-takeoff-and-landing technology demonstrator in public for the first time.

South Korean automotive engine component supplier Sambo Motors has unveiled a single-seat personal eVTOL vehicle.

South Korea’s 4.5-generation fighter program is looking for external support after keeping the KF-21 flight test on track.

Overair has announced an agreement to sell 20 of its electric-vertical-takeoff-and-landing vehicles to South Korean helicopter operator HeliKorea.

Studies are underway to fulfill another unnamed customer's export requirements for the FA-50, according to a KAI update at the Seoul ADEX airshow.

Kang Goo-young, chief of KAI, says that interest in the KF-21 has increased after witnessing test results and on-time development progression.

The Medium-Range Air-Launched Cruise Missile (MALCM)—designated KEPD 350K-2—will weigh around 2,000 lb., with range of 250 mi.

The contract marks a continuation of the growing collaboration between KAI and European missile manufacturer MBDA.

KAI revealed its development roadmap for the MC-X transport program at ADEX 2023, hinting at a "mothership" role to air-launch other platforms.

Arms exports topped $17.3 billion for South Korea in 2022, smashing the previous yearly record of $7 billion, set in 2021.

Korean Air will take more steps in its recovery to pre-pandemic levels by resuming more international routes in its upcoming winter schedule.

Joby Aviation has signed a collaboration agreement with South Korea’s SK Telecom to provide an aircraft for in-country flight testing in 2024 under the Korean Urban Air Mobility (K-UAM) Grand Challenge.

The agreement is for up to 50 electric-vertical-takeoff-and-landing vehicles.

The U.S. government has cleared South Korea to move forward with a previously approved plan to buy a second batch of Lockheed Martin F-35As.

Eviation is preparing to close the final design loop for the production version Alice.

The new owner of relaunched South Korean LCC Eastar Jet has partnered with AIP Capital to lease five Boeing 737 MAX aircraft.

The flights are part of the Korean telecommunications provider’s efforts to develop technology to support the commercial deployment of urban air mobility.

Airbus Helicopters supplies the drive system and autopilot for South Korea's Light Armed Helicopter program, with KAI set to deliver the first aircraft in 2024.

Air Premia is set to become the fourth operator of nonstop Seoul-Honolulu flights.

Poland is acquiring Lockheed Martin Sniper targeting pods to equip its future fleet of Korea Aerospace Industries FA-50 light combat aircraft.

South Korea has signed off on the production plan for the RQ-105K, the country’s first medium-altitude long-endurance (MALE) uncrewed air system.

Pale Blue has won a contract to provide its Resitojet water-vapor based propulsion system for a pair of 6U cubesats.