South Korea to develop military transport aircraft

Korea Aerospace Industries Co. (KAI), South Korea's sole aircraft manufacturer, said Sunday it aims to develop its own transport and multipurpose aircraft for the military. KAI has reached a consensus with the Defense Acquisition Program Administration on the need to develop transport and multipurpose aircraft to meet domestic demand for the planes, the company's Executive Vice President Ryu Kwang-su told Yonhap News Agency on the sidelines of a press conference.

See the full article at The Korea Times