Page 8 - Defense Acquisition Program News Today

The Fair Trade Commission (FTC) granted only conditional approval on Thursday for Hanwha Groups acquisition of Daewoo Shipbuilding & Marine Engineering (DSME), accepting the demands from the shipbuilders rivals to ban the conglomerate from unfairly excluding other companies from the local warship market.

Koreas antitrust regulator said Thursday it has decided to give the nod to Hanwha Groups plan to acquire Daewoo Shipbuilding Marine Engineering (DSME) under the condition the conglomerate does not discriminate against other rivals in the market.

Seoul, Mar 4 (EFE).- The South Korean KF-21 Boramae fighter has successfully carried out a test flight with an active electronically scanned radar (AESA) equipped, a new advance in the development project of South Korean aircraft manufacturing. The third prototype of the aircraft took off at 10:00 local time on Saturday (01:00 GMT) from the …

The South Korean Defense Acquisition Program Administration (DAPA) has announced the successful completion of maiden flight test of the KF-21 Boramae fighter aircraft’s fourth prototype.

South Korea plans to conduct a test of its homegrown KF-21 fighter to achieve supersonic speeds this month should the weather permit, multiple sources said Thursday, in what would be a key milestone in the high-profile warplane development project.

South Korea approved major projects to upgrade combat capabilities of its F-15K fighters and import aerial refueling tankers, the state arms procurement agency said, in a move to counter evolving North Korean threats.

Hanwha Groups latest decision to acquire Daewoo Shipbuilding & Marine Engineering (DSME), which manufactures naval ships and submarines, has made it possible for Koreas seventh-l...

South Korea’s defense chief touted his country’s “renowned weapons systems” as he kicked off the five-day Defense and Security Expo.

한국을 대표하는 글로벌 방송! The World On Arirang!

The military drills in South Korea, adjacent to northern China and Russia’s Far East, take place as the Biden administration wages a proxy war against Russia in Ukraine and goads Beijing into conflict over Taiwan.