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Airbus Deepens Ties With South Korea, Citing Partnership in Aerospace and Defense Growth

Airbus Deepens Ties With South Korea, Citing Partnership in Aerospace and Defense Growth

SEOUL, Oct. 16 (Korea Bizwire) —  Airbus SE, the European aerospace giant, pledged Thursday to strengthen its partnership with South Korea, expanding industrial cooperation and sustainability efforts across commercial aviation and defense. Speaking in Seoul ahead of the Seoul International Aerospace and Defense Exhibition (ADEX) 2025, Lee Hee-hwan, president of Airbus Korea, said the company [...]

Northrop Grumman to Acquire Orbital ATK for $9.2 Billion

Northrop Grumman to Acquire Orbital ATK for $9.2 Billion

FALLS CHURCH Va. and DULLES, Va., Sept. 18 (Korea Bizwire) — Northrop Grumman Corporation (NYSE:NOC), a leading global security company, and Orbital ATK, Inc. (NYSE:OA), a global leader in aerospace and defense technologies, today announced they have entered into a definitive agreement under which Northrop Grumman will acquire Orbital ATK for approximately $7.8 billion in [...]