South Korean President Yoon Suk Yeol is set to sign the Downing Street Accord with U.K. Prime Minister Rishi Sunak during a three-day state visit to London, which commenced Tuesday. According to the U.K. government, the accord is a major agreement that redefines the two countries’ long-term relationships in such areas as supply chain, technology...
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Tag: South Korea
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Saab Books $76M Deal to Support South Korea’s Arthur Weapon Locating Systems
Saab has received a $76.2 million contract to provide support services for South Korea’s Arthur mobile weapon locating systems. Signed with the South Korean Defense Acquisition Program Administration, the five-year deal also requires the Swedish defense company to deliver spare parts for Arthur. According to Carl-Johan Bergholm, head of surveillance business at Saab, the agreement...
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Embraer Wins South Korean Supply Contract for C-390 Millennium Transport Plane
South Korea’s Defense Acquisition Program Administration has selected Embraer’s C-390 Millennium as the new military transport aircraft for the Republic of Korea Air Force. As the winner of DAPA’s Large Transport Aircraft II public tender, Embraer will deliver C-390s tailor-fit to ROKAF’s specifications, along with services and support, such as crew training and supply of...
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Korea Seals Agreement to Acquire More F-35As From Lockheed
South Korea has finalized a contract with Lockheed Martin to purchase 20 more F-35A fighters, adding to the 40 aircraft it acquired between 2019 and 2022. The Korean Defense Acquisition Program Administration greenlit the acquisition three months after obtaining clearance from the U.S. Department of State in September, paving the way for the Asian country...
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North Korean Leader To Military: ‘Annihilate’ Hostile Forces
Kim Jong Un, the supreme leader of North Korea, has leveled new threats against the United States and South Korea. During a meeting with commanding officers on Sunday, Kim told his military to “thoroughly annihilate” enemy forces if provoked by mobilizing “the toughest means and potentialities without moment’s hesitation.” He also said it is necessary...
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Axiom Space Forms Joint Venture With Korea’s Boryung
Houston, Texas-based Axiom Space has established a joint venture with South Korean company Boryung to explore opportunities in low-Earth orbit commercial space ventures. The new company, named Brax Space Corp., will be based in Korea, where Boryung operates from Seoul. It will focus on potential businesses from Axiom Space, a planned LEO commercial space station,...
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US, South Korea to Advance Joint R&D Efforts on Quantum Technology
The United States and South Korea have agreed to expand their existing cooperation to advance research and development efforts on quantum computing. Officials from the U.S. National Institute of Standards and Technology and the Korea Research Institute of Standards and Science were in Boulder, Colorado, on Monday to sign a revised memorandum of understanding to...
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South Korea Eyes End-November Launch of First Homegrown Spy Satellite
South Korea is preparing to launch its first locally made spy satellite for better monitoring of neighboring North Korea, which has an expanding nuclear arsenal. Jeon Ha Gyu, a South Korean Defense Ministry spokesperson told reporters on Monday that the satellite will lift off from California’s Vandenberg Air Force Base on Nov. 30, ending Seoul’s...