SEOUL, June 12 (Korea Bizwire) — Korea Aerospace Industries Co., South Korea’s sole aircraft manufacturer, said Sunday it has signed an agreement with the U.S. defense firm Lockheed Martin to boost sales of its advanced trainer jets in the United States. Under the “Teaming Agreement” signed on Thursday (U.S. time), the two sides agreed to [...]
QUÉBEC CITY, Nov. 29 (Korea Bizwire) — B-Temia, a Canadian robotics tech company and leader in the human mobility market, announced its engagement in a major agreement with U.S. Army Natick Soldier Research, Development and Engineering Center (NSRDEC) with its partner Lockheed Martin (NYSE: LMT), appointed as the prime contractor. At a total value of [...]
SEOUL, Sept. 25 (Korea Bizwire) — South Korea’s military has decided to purchase more T-50 advanced trainer jets from a local producer, the nation’s arms agency said Monday. The decision was made at the 105th session of the weapons procurement committee, presided over by Defense Minister Song Young-moo, according to the Defense Acquisition Program Administration [...]