Global Insider: South Korean Aerospace Industry Developing Its Niche

On Jan. 30, the Philippine government announced plans to buy 12 South Korean fighter jets — its first new fighter jet purchase since retiring the last of its U.S.-designed F-5 fleet in 2005. Chung-in Moon, a political science professor at South Korea’s Yonsei University, described the state of the Korean aerospace industry and what the purchase means in an email interview. WPR: What is the current state of South Korea’s aerospace sector?Chung-in Moon: The South Korean aerospace industry underwent a major restructuring in 1999 following the Asian financial crisis. Daewoo Heavy Machinery, Samsung Aviation (now Samsung Techwin) and Hyundai Aerospace […]

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