Most Popular
-
1
A decade lost: Sewol survivors on life after tragedy
-
2
Opposition victory upends ruling party's plans
-
3
Why don’t trainee doctors, medical professors see eye to eye?
-
4
Taking risk or targeting global fans? Netflix pushes ahead with 'Goodbye Earth' release
-
5
World reactions to Iran strikes on Israel
-
6
S. Korea to extend fuel tax cut through June amid Middle East tensions
-
7
Yoon flounders after election defeat
-
8
Israel says Iran launched more than 300 drones and missiles, 99% of which were intercepted
-
9
US confirms $6.4 billion chip subsidy for Samsung
-
10
N. Korea elevates high-level exchanges with China, Russia
S. Korean defense firms clinch deals worth $128m at ADEX: organizers
By YonhapPublished : Oct. 24, 2021 - 15:42
South Korean defense companies have signed business contracts worth $128 million in total during a biennial arms exhibition held south of Seoul last week, its organizers said Sunday.
More than 250 local companies joined the five-day Seoul International Aerospace & Defense Exhibition (ADEX), which ended Saturday. The event marked a rare opportunity for the companies to explore new opportunities in the midst of the COVID-19 pandemic.
In addition to the finalized contracts, local companies had consultations with their foreign clients over potential contracts, which could amount to a combined $22.5 billion if signed, organizers said.
During the exhibition, organizers arranged more than 700 meetings between local firms and foreign governments at the ADEX venue, Seoul Air Base, they said.
The 2021 exhibition involved 440 companies from 28 countries.
It marks the largest number of participating firms since the exhibition was launched in 1996. (Yonhap)
More than 250 local companies joined the five-day Seoul International Aerospace & Defense Exhibition (ADEX), which ended Saturday. The event marked a rare opportunity for the companies to explore new opportunities in the midst of the COVID-19 pandemic.
In addition to the finalized contracts, local companies had consultations with their foreign clients over potential contracts, which could amount to a combined $22.5 billion if signed, organizers said.
During the exhibition, organizers arranged more than 700 meetings between local firms and foreign governments at the ADEX venue, Seoul Air Base, they said.
The 2021 exhibition involved 440 companies from 28 countries.
It marks the largest number of participating firms since the exhibition was launched in 1996. (Yonhap)
