South Korea Aerospace Industries and Israel Aerospace Industries have signed a memorandum of understanding that aims to provide the unmanned loitering munitions to the South Korean military.
A memorandum of understanding (MoU) have been signed between KAI and IAI to provide the unmanned loitering munitions to the South Korean military. Israel Aerospace Industries said in a statement on Twitter:
“IAI and KAI are happy to announce we signed a Memorandum of Understanding (MOU) to develop unmanned loitering munitions. We look forward to pushing boundaries and further innovating with our partners.”
As part of the memorandum, KAI and IAI aim to expand their long-term cooperation to market unmanned loitering munitions according to the South Korean military’s requirements. KAI President and CEO Ahn Hyun-ho expressed that the importance of the KAI-IAI partnership, which has lasted decades for many programs, including defense and commercial projects.
Through the combination of domestic aircraft technology and IAI’s excellent unmanned aerial system technology, IAI and KAI would provide a foothold for innovation, such as strengthening the defense power of the Republic of Korea and commercializing exports in the future.
Ahn Hyun-ho emphasized that KAI is pleased to initiate the cooperation dialogue with the IAI team through these MoUs.
IAI President and CEO Boaz Levy said:
“The memo is another milestone in our growing collaboration with KAI. IAI has long relations with the Republic of Korea and the local industries and we are happy to join KAI, one of Korea’s leading companies to explore future opportunities. The combination of IAI’s loitering munitions experience and KAI’s technology will create opportunities for an improved solution on the future battlefield.”