11-Mar-2024Source: US State Dept
The State Department has made a determination approving a possible Foreign Military Sale to the Republic of Korea of Engines and Sustainment for MH-60R Multi-Mission Helicopters and related elements of logistics and program support for an estimated cost of $350 million. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible... Read more
8-Jan-2024Source: Korea Aerospace Industries
KAI (Korea Aerospace Industries Co., Ltd.) announced on the 27th A contract was signed with the Defense Acquisition Program Administration for the second mass production project for the Army’s Light Armed Helicopter (LAH) worth approximately 1.4 trillion won. This contract includes integrated system support elements such as LAH aircraft, technical manuals, and follow-up technical support.... Read more
28-Nov-2023Source: Eve Air Mobility
Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) and Jeju Air Co., Ltd., the first and largest South Korean low-cost airline, announced the release of a new concept of operations white paper for electric vertical take-off and landing (eVTOL) flights on Jeju Island. The two companies collaborated to produce the analysis which is the first step in... Read more
13-Nov-2023Source: Bell
Bell Textron Inc., a Textron Inc. (NYSE:TXT) company, has completed the delivery of the first three Bell 505 helicopters to the Republic of Korea Navy (ROKN), putting into motion a contract that is expected to see up to 40 Bell 505 helicopters built and delivered by 2025. In May 2022, a contract between the Republic... Read more
23-Oct-2023Source: Trakka Systems
Trakka Systems, a global leader in designing, manufacturing, and delivering advanced mission equipment for airborne, maritime, and ground-based operations, is proud to announce its partnership with the Korea Electric Power Corporation (KEPCO). This collaboration marks a significant step in enhancing the inspection capabilities of KEPCO’s airborne unit for the vital task of powerline asset inspection.... Read more
23-Oct-2023Source: MBDA
MBDA has received a contract from Korea Aerospace Industries (KAI) for the integration of the Mistral ATAM anti-air missile system on the Korean Marine Attack Helicopter (KMAH). Eric Béranger, CEO of MBDA said: “We are proud to be partnered again with Korea Aerospace Industries to arm a Korean military aircraft. This contract cements Mistral ATAM’s place... Read more
23-Oct-2023Source: Overair
Overair, an emerging global leader in advanced air mobility (AAM) and developer of all-electric vertical takeoff and landing (eVTOL) aircraft, announced it has signed a Memorandum of Understanding (MoU) with Hanwha Systems and South Korea’s Jeju Special Self Governing Province to establish and lead an advanced air mobility (AAM) ecosystem in Jeju, the largest island... Read more
17-Oct-2023Source: Northrop Grumman
Northrop Grumman Corporation (NYSE: NOC) has been awarded a contract by Korea Aerospace Industries, Ltd. (KAI) to provide Airborne Laser Mine Detection System (ALMDS) solutions and technical support for the Engineering, Manufacturing and Design (EMD) phase of the Republic of Korea’s Korean Mine Countermeasures Helicopter (KMCH) program. The EMD phase is expected to be completed... Read more
17-Oct-2023Source: Recoil Aerospace
Recoil Aerospace, a leading technology company specializing in advanced aerial firefighting solutions, is excited to announce its latest contract win, marking the company’s expansion into the Asia Pacific region. Recoil will provide two Tsunami T1000-E Aerial Fire Suppression System tanks for the Korea 119 Emergency Services H225 Super Pumas, which are set to enhance firefighting... Read more
29-Sep-2023Source: Eve Air Mobility
Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) and Moviation, South Korea’s first Urban Air Mobility (UAM) service provider, announced the signature of a Letter of Intent to purchase Eve’s Urban ATM solution. The software solution will be a key enabler to the implementation and scalability of Urban Air Mobility (UAM) and provides critical traffic management... Read more
22-Sep-2023Source: SkyDrive
SkyDrive Inc. (“SkyDrive”), the leading eVTOL (*1) aircraft manufacturer based in Japan, and Solyu Company, Ltd. (hereinafter “Solyu”), an aircraft leasing company specializing in zero-emission in Korea, announced that they had signed a Memorandum of Understanding (MOU) and Solyu has agreed to pre-order of up to 50 SkyDrive eVTOL aircraft “SKYDRIVE” (*2). SkyDrive is... Read more
1-Sep-2023Source: Airbus Helicopters
Airbus Helicopters and Korea Aerospace Industries (KAI) have signed an agreement to initiate the serial production phase of the Light Armed Helicopters (LAH). This follows the contract awarded by the country’s Defence Acquisition Programme Administration to KAI in December 2022 to supply an initial batch of ten LAH to the Republic of Korea Army. Deliveries... Read more
23-May-2023Source: Vertical Aerospace
Vertical Aerospace (Vertical) [NYSE: EVTOL], a global aerospace and technology company that is pioneering zero-emissions aviation, today announces that South Korean mobility technology company, Kakao Mobility, has pre-ordered up to 50 of Vertical’s VX4 aircraft, adding South Korea to Vertical’s list of customer launch markets. Kakao Mobility, the largest Mobility-as-a-Service (MaaS) platform in South Korea... Read more
18-May-2023Source: The Korea Times
The Seoul city government will conduct test flights of “flying vehicles” on a route between Yeouido and Jamsil next year as part of a project to commercialize new means of transportation in urban areas around 2025, officials said. See Full Story.... Read more
14-Mar-2023Source: US Army
Soldiers from B Company, 3rd Battalion, 2nd Aviation Regiment, 2nd Combat Aviation Brigade, 2nd Infantry ROK/U.S. Combined Division conducted combined casualty evacuation and downed aircraft recovery training with 302nd Battalion, 2nd Combat Aviation Brigade, ROK Army Aviation Command on Feb. 15, 2023 focused on enhancing the mutual understanding between the units. The combined downed aircraft... Read more
6-Mar-2023Source: U DoD
CAE USA Inc., Tampa, Florida, is awarded a $35,850,474 firm-fixed-price contract for the production, delivery, installation, verification testing, and associated logistics support of one exportable, non-motion MH-60R Tactical Operational Flight Trainer configured for the Republic of Korea. Work will be performed in Tampa, Florida (50%); Great Mills, Maryland (20%); Montreal Quebec (10%); Orlando, Florida (10%);... Read more
10-Feb-2023Source: KAI
‣ KAI announced on the 19th that it had signed a memorandum of agreement (MOA) with Northrop Grumman (hereinafter referred to as NG) of the United States for technical cooperation in the vertical take-off and landing unmanned aerial vehicle business at its headquarters in Sacheon on the 18th. ‣ The signing ceremony was attended by... Read more
9-Dec-2022Source: Erickson
Erickson Incorporated, a worldwide leading operator, maintainer, and manufacturer of utility aircraft, announces the delivery of the newest S-64 Air Crane® helicopter to their partners at Korea Forest Service (KFS) in South Korea. The aircraft, dubbed “K-9” by Erickson associates, furthers Erickson’s global mission of protecting life and property from wildfires. Over a 20-year relationship with KFS, Erickson has... Read more
9-Dec-2022Source: US State Dept
The State Department has made a determination approving a possible Foreign Military Sale to the Republic of Korea of CH-47F helicopters and related equipment for an estimated cost of $1.5 billion. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale today. The Republic of Korea (ROK) has requested to... Read more
22-Nov-2022Source: KAI Korea Aerospace Industries
[electronic translation] ‣ Korea Aerospace Industries (KAI) signed a contract with the Public Procurement Service on the 18th to supply two forest helicopters. Two units will be delivered in the second half of 2024. ‣ The total contract amount was KRW 49.8 billion, which included repair parts, ground support equipment, technical manuals, technical and maintenance... Read more
12-Oct-2022Source: Sikorsky
The Korea Coast Guard accepted the delivery on Sept. 30 of its third S-92® search and rescue helicopter built by Sikorsky, a Lockheed Martin company (NYSE: LMT). The expansion of Korea Coast Guard’s S-92 fleet increases its capability to conduct maritime security, safety and life-saving missions for the people of Korea. “Our valued partnership... Read more
17-May-2022Source: Bell
Bell Textron Inc., a Textron Inc. (NYSE:TXT) company, announced the selection of the Bell 505 as the new Republic of Korea military helicopter trainer. The new Bell 505 helicopters will be used by both the Republic of Korea Army (ROKA) and Republic of Korea Navy (ROKN) to train their next generation of helicopter pilots.... Read more