Korea Aerospace Industries (KAI) and Israel Aerospace Industries (IAI) have signed an MoU for collaboration in offering loitering munitions to the Korean military, expanding a long-standing collaborative relationship between the two companies, they announced on 3 March.
KAI’s President & CEO, Hyun-ho Ahn, stressed the importance of partnership between IAI and KAI over decades in multiple programmes, including both defence and commercial projects. By combining domestic aircraft technology and IAI's UAS expertise, the two companies will provide a foothold for innovation, strengthening Korea’s defence capabilities and commercialising future exports.
IAI President & CEO, Boaz Levy, commented “The MoU signed today is another milestone in our growing collaboration with KAI. IAI has long relations with the ROK and the local industries and we are happy to join KAI, one of Korea’s leading companies, to explore future opportunities, combining IAI’s proven capabilities in loitering munitions and KAI’s technologies and products to create an opportunity for an improved solution to the future battlefield.”