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July 24, 2020

Indra to reinforce safety and control at South Korea’s air bases

Indra has secured a project from the Ministry of Defence of South Korea to reinforce safety and control of air operations at the Republic of South Korea Air Force’s (ROKAF) main bases.

Indra has secured a project from the Ministry of Defence of South Korea to reinforce safety and control of air operations at the Republic of South Korea Air Force’s (ROKAF) main bases.

Free Report
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What is driving and impacting South Korea’s Defense Market?

South Korea’s defense budget is currently valued at $48.3 billion after experiencing impressive and robust annual growth of 10.5% in 2022. Over the forecast period, South Korean defense expenditure is anticipated to register a strong CAGR of 6.3% over 2023-27 and reach $66.2 billion by 2027. The country’s acquisition budget, which includes research and development (R&D) funding, is also anticipated to register significant growth, projected to reach $21.6 billion in 2027, seeing significant rise from the anticipated $17 billion in 2023. South Korean defense spending is continuing to be fueled by the country’s hostile relationship with North Korea, coupled with the need to develop its own domestic industry. If you want to strategize successfully off this growing market, it is important to be fully informed. This report’s key findings include:
  • Details on the defense budget
  • Drivers of defense spending
  • Key trends impacting the market
Download the full report so you can formulate winning strategies for the road ahead.
by GD50 ADS
Enter your details here to receive your free Report.

Awarded through an international tender in competition, the project will see Indra supply and implement air traffic surveillance and management systems in the airforce bases.

The systems are scheduled to be delivered over the next four years.

Once delivered, they will help manage aircraft movements and improve the efficiency of the airforce’s operations.

Under the contract, Indra will deliver S-band primary radars, equipped with multiple modes of operation.

Based on frequency agility techniques, the radars incorporate electronic counter-countermeasures (ECCM).

Working in combination with secondary radars, the systems have the capacity of friend-or-foe identification.

Data collected by the equipment will be displayed on air traffic management systems, which will be installed by the company in tower centres at each base.

The military controllers will gain precision in identifying and knowing the position of each aircraft supporting the pilots while completing landing and take-off manoeuvres.

Work will be executed by Indra and Korean companies with an aim to generate additional job opportunities for the local industry.

The contract will strengthen Indra’s position in the Asian market following the modernisation of the systems.

In December last year, Indra supported Nato’s E-3A Airborne Warning & Control System (AWACS) aircraft fleet upgrade programme.

The company worked with Boeing and other firms on the AWACS Final Lifetime Extension Programme (FLEP) to extend the service life of the early warning, surveillance, command and control aircraft.

Related Companies

Free Report
img

What is driving and impacting South Korea’s Defense Market?

South Korea’s defense budget is currently valued at $48.3 billion after experiencing impressive and robust annual growth of 10.5% in 2022. Over the forecast period, South Korean defense expenditure is anticipated to register a strong CAGR of 6.3% over 2023-27 and reach $66.2 billion by 2027. The country’s acquisition budget, which includes research and development (R&D) funding, is also anticipated to register significant growth, projected to reach $21.6 billion in 2027, seeing significant rise from the anticipated $17 billion in 2023. South Korean defense spending is continuing to be fueled by the country’s hostile relationship with North Korea, coupled with the need to develop its own domestic industry. If you want to strategize successfully off this growing market, it is important to be fully informed. This report’s key findings include:
  • Details on the defense budget
  • Drivers of defense spending
  • Key trends impacting the market
Download the full report so you can formulate winning strategies for the road ahead.
by GD50 ADS
Enter your details here to receive your free Report.

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