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KAI outlines expansion plans

KAI outlines expansion plans by Jon Grevatt Korea Aerospace Industries (KAI) has outlined plans to expand through investments over the next few years to become one of the world’s biggest aerospace firms by the end of this decade. Senior KAI officials said in a press conference in Seoul on 4 April that the firm will invest about KRW2.2 trillion (USD1.9 billion) in facilities, research and development (R&D), and growing new businesses over the coming five years. Already a Janes subscriber? Read the full article via the Client Login Share

Israel, South Korea to co-operate on unmanned airborne ISTAR

Israel, South Korea to co-operate on unmanned airborne ISTAR 15 March 2021 by Gareth Jennings Israel and South Korea are to co-operate in the field of unmanned airborne intelligence, surveillance, targeting and reconnaissance (ISTAR), with a memorandum of understanding (MOU) signed on 15 March. Showcased at ADEX 2017, KAI’s stealth UCAV is one of a number of future unmanned platforms that could be afforded an ISTAR capability under an MOU agreed between the Korean manufacturer and Elbit Systems of Israel. (Janes/Gareth Jennings) The MOU between Elbit Systems and Korea Aerospace Industries (KAI) is geared at developing future unmanned airborne ISTAR capabilities for the Republic of Korea (RoK) Armed Forces and potential international customers.

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