Hanwha Aerospace has signed a major deal valued at least 2.5 percent of its annual sales, according to the Financial Supervisory Service's electronic disclosure system on Monday. The aerospace company said the deal was signed last Friday, but it did not disclose details such as the contractor, items to be supplied or contract period at the counterparty's request. "We will make a follow-up disclosure once the reason for confidentiality
The U.S. House of Representatives has passed a fiscal 2027 defense policy bill that would strengthen congressional guardrails against any move to reduce the number of American troops stationed in South Korea below 28,500. The House approved its version of the National Defense Authorization Act (NDAA) on Wednesday in a 216-212 vote, advancing a $1.15 trillion defense policy package that authorizes military programs and sets national security priorities for the
Building a new campus in Daejeon for South Korea’s planned joint military academy could take about 10 years, the Ministry of National Defense said Wednesday, raising the possibility that a temporary facility may be used before construction is completed. Kim Hong-chul, head of the ministry’s defense policy office, told reporters after a policy forum at the Korean Constitutional Association in Seoul that construction of the new campus would take &ldq
South Korea decided Thursday to establish a four-year Korea Armed Forces Academy at the Jaundae military complex in Daejeon by merging the Army, Navy and Air Force academies. Defense Minister Ahn Gyu-back announced the decision after a government-ruling Democratic Party meeting at the National Assembly in Seoul. “The new Korea Armed Forces Academy will be located at Jaundae in Daejeon,” Ahn said, adding that the government would build a high-tec
South Korea’s Defense Ministry is strongly considering establishing a new integrated military academy at Jaundae in Daejeon, where cadets from the Army, Navy and Air Force academies would receive four years of joint education, military sources said Wednesday. According to military officials, the ministry is reviewing a plan to create a new Armed Forces Academy at Jaundae, a major military education and training complex in Daejeon, as part of its broader
South Korea’s Air Force will take part in Pitch Black 2026, a multinational air combat exercise hosted by the Royal Australian Air Force, at Darwin Air Base from Friday to Aug. 7, the Air Force said Tuesday. The exercise will bring together about 110 aircraft from 16 countries, including F-35A stealth fighters from the United States, Japan and Australia, Rafale fighters from India and Typhoon fighters from Spain and Germany. South Korea will send six
Hanwha Systems seeks to expand its presence in the global maritime unmanned systems market. A 30-ton unmanned surface vessel, developed with the company’s own investment, was successfully launched near Gadeok Bridge in Busan early last month and has begun sea trials while operating between Busan and Jangmok Port in Geoje, South Gyeongsang Province, the company said Thursday. Hanwha Systems said it is investing about 70 billion won ($46.5 million) to d
Alumni associations representing South Korea’s Army, Navy and Air Force academies will stage their first joint action next week against the government’s plan to integrate the three military schools. The associations are scheduled to hold a rally outside the National Assembly on July 8, according to parliamentary and alumni group officials Wednesday. The event is expected to be jointly hosted by the three alumni associations, security groups and
South Korea is considering jointly selecting cadets for its Army, Navy and Air Force academies as early as the 2028 academic year, a move that could affect students currently in their second year of high school. The proposal signals that the government is accelerating plans to integrate the three service academies, but concerns are growing that the timetable could confuse applicants and run counter to the principle that major changes to university admissions s
More than 10 Chinese and Russian military aircraft entered South Korea’s air defense identification zone without prior notice on Saturday, prompting the Air Force to deploy fighter jets, the Joint Chiefs of Staff said. The aircraft entered and exited the Korea Air Defense Identification Zone, or KADIZ, over the East and South seas in sequence for about four hours beginning at around 8:30 a.m. None of the aircraft violated South Korean airspace. The
