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Category: Industry

South Korea unveils indigenous Short-Range Air-to-Air Missile for KF-21

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South Korea has pulled back the curtain on its latest military tech development: the ‘short-range air-to-air guided missile-II’, a locally produced missile. Introduced at a recent DAPA event, this missile is destined for the KF-21 fighter, replacing imported counterparts and represents a bold step towards self-sufficiency and technological advancement in the nation’s defence sector.

K-SAAM mockup at IDEX 2015
Mztourist, CC BY-SA 4.0, via Wikimedia Commons
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Philippines to bolster Air Force with 12 more FA-50 fighters

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The Philippine Air Force (PAF) is poised to significantly enhance its combat capabilities with the planned acquisition of 12 additional FA-50 light combat aircraft from South Korea, the Philippine Daily Inquirer reports. This procurement, detailed in the country’s Department of National Defense’s Procurement Monitoring Report, is valued at approximately P40 billion. The deal, a government-to-government agreement between Manila and Seoul, is currently in the final stages of negotiation, with both sides ironing out the terms of reference.

One of the PAF FA50s that made a debut appearance at the Mindil Beach Flypast in Darwin, Australia
Philippine Air Force (PAF), Public domain, via Wikimedia Commons
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Hanwha Investment & Securities predicts KAI to secure new orders for FA-50 in Southeast Asia this year

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Hanwha Investment & Securities has maintained a ‘buy’ rating and a target price of ₩69,000 for Korea Aerospace Industries (KAI), despite anticipating a significant downturn in the company’s fourth-quarter performance. The investment firm’s positive outlook is underpinned by expectations of new export contracts in Southeast Asia and the Middle East during the first half of the year, and an overall improvement in KAI’s performance this year.

One of the PAF FA50s that made a debut appearance at the Mindil Beach Flypast in Darwin, Australia
Philippine Air Force (PAF), Public domain, via Wikimedia Commons
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KAI delivers first production LAH-1 helicopters to South Korean Army

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Korea Aerospace Industries (KAI) has achieved a major milestone with the delivery of the first two production LAH-1 ‘Mir-on’ light armed helicopters to the Republic of Korea Army. This event marks the culmination of a development program that began in June 2015, and the successful completion of the development phase in November 2022. The initial delivery is part of a broader plan to fully integrate the helicopters into the Army’s forces by 2031, replacing the ageing 500MD and AH-1S Cobra fleets.


Photo: KAI
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