[Asia Times = Reporter Hwang Byung-joon] The Defense Acquisition Program Administration participated in the Seoul ADEX event, held talks between major overseas figures and the government, and held a compromise trade export consultation meeting and defense policy briefing session.
The Korea Aerospace Industries (KAI) began to develop a MUM-T system in earnest, and Hyundai Rotem received an ESG integration grade A and was recognized for its ESG management performance.
Defense Acquisition Program Administration, ADEX, defense cooperation, and other achievements
Kang Eun-ho, head of the Defense Acquisition Program Administration (right), and Heidi Grant, head of the DSCA division (left), hold a dialogue at the Chalet of the ADEX Defense Ministry on Wednesday, October 20. Photo = Defense Acquisition Program Administration
The Defense Acquisition Program Administration participated in the Seoul ADEX 2021 event from the 19th to the 22nd, held talks between major overseas figures and governments, and held a compromise trade export consultation and defense policy briefing.
Despite the COVID-19 situation, 25 government officials from 22 countries, including Slovakia's director of modernization, attended to discuss in-depth issues related to defense cooperation and exports.
After the talks, the Korea-UK defense R&D cooperation-related business agreement was revised, and the Korea-Jordan defense cooperation agreement was signed with the Korea-Jordan.
In addition, in the booth prepared separately in the exhibition hall, a compromise trade export consultation was also held between 33 domestic defense SMEs, including Global Cornet, and seven foreign companies, including Lockheed Martin, Boeing, and Airbus, to support domestic SMEs' entry into the global supply chain.
KAI Develops Future Weapon System for Unmanned and Unmanned Complex
The Korea Aerospace Industries (KAI) will begin to develop the MUM-T, which was recently introduced at the Seoul International Aerospace and Defense Industry Exhibition 2021 (ADEX).
On the 27th, KAI signed a contract with the Defense Acquisition Program Administration for the 'Helicopter-Unmanned Vehicle Interworking System Project', a rapid acquisition project in 2021.
The rapid pilot acquisition project being promoted by the DAPA is a system that verifies and determines the needs of products to which the fourth industrial new technology is applied through the military's pilot operation.
The Helicopter-Unmanned Vehicle Interworking System Project aims to build a complex system that expands the radius of operations such as long-distance reconnaissance and strikes by directly controlling and controlling drones from helicopters and providing drone video information to pilots in real time.
Through this project, KAI will install unmanned aerial vehicle control equipment and video information receiving antennas in its domestic mobile helicopter Surion and demonstrate the helicopter-unmanned period linkage system. The contract period is 14 months from October 2021 to December 2022, worth 4 billion won.
Hyundai Rotem Achieves 'A' Rating for Comprehensive ESG Assessment
Hyundai Rotem Hydrogen Electric Tram. (photo = Hyundai Rotem)
Hyundai Rotem received an ESG integration grade A for the first time and was recognized for its excellent ESG management performance.
Hyundai Rotem announced on the 28th that it received an A grade, which is an excellent grade, in the results of "2021 Listed Companies ESG Evaluation and Rating Publication" released by the Korea Corporate Governance Service (KCGS).
Hyundai Rotem was upgraded from integrated grade B+ to integrated grade A last year after evaluating environmental category A, social category A+, and governance category A.
Hyundai Rotem is accelerating sustainable management by establishing a hydrogen value chain and producing eco-friendly products to minimize environmental impact, while establishing an ESG-only organization this year.
In particular, Hyundai Rotem is the first heavy industrial company in Korea to declare support for the TCFD (Climate Change Financial Information Disclosure Task Force), and is building a low-carbon process with high energy efficiency, and has increased its eco-friendly investment cost by 55% next year compared to this year.
Hyundai Rotem is focusing on the development of eco-friendly products and technological innovation, focusing on the hydrogen business in all its business units. The rail solution and defense solutions sectors are developing hydrogen-powered electric trams and defense drones, which are mobility based on hydrogen fuel electricity, while the eco-plant sector is striving to build a hydrogen society ecosystem by providing an integrated solution for hydrogen energy production infrastructure and localizing core facilities.
[Asia Times = Reporter Hwang Byung-joon] The Defense Acquisition Program Administration participated in the Seoul ADEX event, held talks between major overseas figures and the government, and held a compromise trade export consultation meeting and defense policy briefing session.
The Korea Aerospace Industries (KAI) began to develop a MUM-T system in earnest, and Hyundai Rotem received an ESG integration grade A and was recognized for its ESG management performance.
Defense Acquisition Program Administration, ADEX, defense cooperation, and other achievements
Kang Eun-ho, head of the Defense Acquisition Program Administration (right), and Heidi Grant, head of the DSCA division (left), hold a dialogue at the Chalet of the ADEX Defense Ministry on Wednesday, October 20. Photo = Defense Acquisition Program Administration
The Defense Acquisition Program Administration participated in the Seoul ADEX 2021 event from the 19th to the 22nd, held talks between major overseas figures and governments, and held a compromise trade export consultation and defense policy briefing.
Despite the COVID-19 situation, 25 government officials from 22 countries, including Slovakia's director of modernization, attended to discuss in-depth issues related to defense cooperation and exports.
After the talks, the Korea-UK defense R&D cooperation-related business agreement was revised, and the Korea-Jordan defense cooperation agreement was signed with the Korea-Jordan.
In addition, in the booth prepared separately in the exhibition hall, a compromise trade export consultation was also held between 33 domestic defense SMEs, including Global Cornet, and seven foreign companies, including Lockheed Martin, Boeing, and Airbus, to support domestic SMEs' entry into the global supply chain.
KAI Develops Future Weapon System for Unmanned and Unmanned Complex
The Korea Aerospace Industries (KAI) will begin to develop the MUM-T, which was recently introduced at the Seoul International Aerospace and Defense Industry Exhibition 2021 (ADEX).
On the 27th, KAI signed a contract with the Defense Acquisition Program Administration for the 'Helicopter-Unmanned Vehicle Interworking System Project', a rapid acquisition project in 2021.
The rapid pilot acquisition project being promoted by the DAPA is a system that verifies and determines the needs of products to which the fourth industrial new technology is applied through the military's pilot operation.
The Helicopter-Unmanned Vehicle Interworking System Project aims to build a complex system that expands the radius of operations such as long-distance reconnaissance and strikes by directly controlling and controlling drones from helicopters and providing drone video information to pilots in real time.
Through this project, KAI will install unmanned aerial vehicle control equipment and video information receiving antennas in its domestic mobile helicopter Surion and demonstrate the helicopter-unmanned period linkage system. The contract period is 14 months from October 2021 to December 2022, worth 4 billion won.
Hyundai Rotem Achieves 'A' Rating for Comprehensive ESG Assessment
Hyundai Rotem Hydrogen Electric Tram. (photo = Hyundai Rotem)
Hyundai Rotem received an ESG integration grade A for the first time and was recognized for its excellent ESG management performance.
Hyundai Rotem announced on the 28th that it received an A grade, which is an excellent grade, in the results of "2021 Listed Companies ESG Evaluation and Rating Publication" released by the Korea Corporate Governance Service (KCGS).
Hyundai Rotem was upgraded from integrated grade B+ to integrated grade A last year after evaluating environmental category A, social category A+, and governance category A.
Hyundai Rotem is accelerating sustainable management by establishing a hydrogen value chain and producing eco-friendly products to minimize environmental impact, while establishing an ESG-only organization this year.
In particular, Hyundai Rotem is the first heavy industrial company in Korea to declare support for the TCFD (Climate Change Financial Information Disclosure Task Force), and is building a low-carbon process with high energy efficiency, and has increased its eco-friendly investment cost by 55% next year compared to this year.
Hyundai Rotem is focusing on the development of eco-friendly products and technological innovation, focusing on the hydrogen business in all its business units. The rail solution and defense solutions sectors are developing hydrogen-powered electric trams and defense drones, which are mobility based on hydrogen fuel electricity, while the eco-plant sector is striving to build a hydrogen society ecosystem by providing an integrated solution for hydrogen energy production infrastructure and localizing core facilities.