Republic of Korea
South Korean President Park Geun-hye meets Lockheed Martin CEO and President Marillyn Hewson during the president’s visit to Washington, DC. Photo Courtesy U.S. Chamber
Lockheed Martin Korea is a wholly-owned subsidiary of the Lockheed Martin Corporation, a global leader in delivery of innovative solutions for complex problems and environments. For more than 20 years in Korea, the company’s expertise has taken the form of systems integration and major defense and civil programs to address national priorities, including a strong Korean national defense system, modernized air traffic control systems and new space and telecommunications opportunities. Lockheed Martin Korea is partnered with the Republic of Korea military and Korean industry to meet the country’s mission-critical requirements.
Over the past 40 years, the U.S. Navy and Lockheed Martin have made Aegis the most capable combat system in the world. More than 100 ships and six international navies, including the Republic of Korea, rely on Aegis. In addition to Aegis, we were awarded three new contracts in 2012 to support the supply chain needs for the Korean Air Force and Navy. The Korean Air Force also is evaluating the F-35 to advance its force to the fifth-generation of fighter jets. Other programs include the T-50 trainer jet, F-16, C-130, P-3 Orion and FPS-117 radar.
At Lockheed Martin, we do more than deliver programs and capabilities. We’re also invested where we live and work, adding fuel to the engine of South Korea’s economy. For example, Lockheed Martin and Korean Aerospace Industries (KAI) have co-produced the F-16 for more than 20 years. We also partnered with Samsung Data Systems to modernize Korea’s air traffic management system with the Korean Area Control Center (KACC) system and, through a partnership with Korea Telecom, successfully produced several communications satellites. Lockheed Martin is particularly proud of its partnership with Korean Aerospace Industries in the development of the T-50 Golden Eagle and is determined to make it the premier trainer in the world.
Lockheed Martin highly values its long-standing relationship with the Republic of Korea and its Korean industry partners. The company is committed to helping Korea meet its desire to grow its industrial base and looks forward to extending the relationship with the F-35 as the centerpiece of the next 40 years of industrial cooperation.