SEOUL, Jan. 17 (Korea Bizwire) – South Korea will deploy 12 additional maritime choppers by 2022 to better counter growing North Korean submarine threats, the state defense procurement agency said Tuesday. The Defense Acquisition Program Administration (DAPA) said the military plans to invest about 900 billion won (US$768 million) to pick a helicopter model for [...]
SEOUL, Sept. 23 (Korea Bizwire) – Korean Air and Boeing have teamed up to develop the MD500 helicopter into an unmanned military chopper. According to the airline on Thursday, the two parties signed a memorandum of agreement for the enterprise which will run until 2017. Korean Air has successfully remodeled the local military’s MD500 choppers into [...]
SEOUL, Dec.2 (Korea Bizwire) – Daewoo Shipbuilding & Marine Engineering announced that it has sold all of its helicopters. The company is cleaning up its non-core assets to normalize management. Daewoo Shipbuilding & Marine Engineering owned two Sikorsky helicopters that can each seat 14 people, and used them to transport key figures and guests. However, [...]