Page 12 - Seoul ADEX 2021 Day 2 Online Magazine

SAUDI ARABIA, SKOREA DISCUSS Meanwhile, South Korea’s Vice Defense
Minister Park Jae-min and the chief of
DEFENCE COOPERATION the General Staff of Saudi Arabia’s armed
forces Fayyadh bin Hamed Al-Ruwaili also
Saudi Arabia and South Korea are explor- ‘Flourishing Opportunities in Saudi discussed defence cooperation.
ing opportunities to strengthen bilateral Arabia’s Defense Sector’.
cooperation in the defence sector. Saudi Arabia’s attendance at Seoul ADEX
GAMI’s Governor Ahmad Al-Ohali, said: follows the recent unveiling by GAMI of
The General Authority of Military “WE ARE EXCITED TO MEET the Kingdom’s new supply chain initia-
Industries (GAMI), Saudi Arabia’s defence WITH OUR KOREAN BUSINESS tive. The initiative identified 74 targeted
industry regulator, enabler, and licensor, localization opportunities worth billions
hosted a workshop with Korean investors PARTNERS AS WE EXPLORE of dollars to the defense sector. The
on the sidelines of the ongoing ADEX. THE HUGE INVESTMENT investment targets are open to local and
Representatives from GAMI, Saudi OPPORTUNITIES WITHIN international companies via the Military
Arabian Military Industries (SAMI) and SAUDI ARABIA’S EXPANDING Industry Marketplace (MIM), a digital plat-
the Ministry of Investment Saudi Arabia form offering investors easy access to
(MISA) attended the workshop titled DEFENCE INDUSTRY.” localization opportunities and partners.

HANWHA developed satellite launch vehicle. The The surveillance satellites are essentially
three-stage liquid fuel rocket, also known to monitor North Korea. The successful
SHOWCASES as the Korean Satellite Launch Vehicle launch of the satellite launch vehicle will
II, will be test launched this week, with provide a fillip to South Korea’s plans to
LIQUID ROCKET additional launches planned in the coming eventually build a Korean satellite-based
ENGINE years. navigation system and a 6G communica-
tions network.
Apart from the liquid rocket engine,
A 75-tonne liquid rocket engine is among Hanwha Aerospace’s solid fuel space
the exhibits at Hanwha’s exhibition hall launch vehicle as well as Hanwha
at the ongoing show, along with a range Systems’ low-orbit satellite communi-
of products from the company’s space cation service system are on display.
business. Hanwha is the biggest defence Hanwha Aerospace has played a key
company in South Korea and is the major role in the development of Nuri, having
private player in the country’s efforts to been involved in the construction of
boost its space capabilities. The 75-tonne engines, turbopumps, and test facilities.
liquid rocket engine is at the heart of Nuri is central to South Korea’s plans to
Nuri, South Korea’s first domestically launch surveillance satellites into orbit.

KIA EXHIBITS ALL-TERRAIN VEHICLE,

MEDIUM TACTICAL VEHICLE standard 2.5- and 5-tonne tactical trucks,

Kia is highlighting the capabilities of its apply technology and know-how from Kia and the Korean Army will jointly invest
in developing 5-tonne armored vehicle.
all-terrain vehicle (ATV) and medium tacti- military vehicle development to improve The company, which plans to supply the
cal vehicle (MTV) at ADEX even as it gets the durability of its road-going SUVs. The new tactical vehicles to the military from
ready to build new military vehicles for the MTV cargo truck has a length of 7,995 2024, is developing autonomous driving
Korean Army. The newly developed ATV mm, width of 2,400 mm, height of 3,125 technology for military vehicles as part of
is not intended for use solely for military mm, and a wheelbase of 4,525 mm. It can its attempt to gain a larger share of the
purposes. According to the company, carry a maximum weight of 2300 kg and defence market. The South Korean com-
the vehicle, which is built up from a bare has a top speed of 105 kilometers per pany introduced a close-to-production
chassis of the Kia Mohave SUV, will be hour. concept called Light Tactical Cargo Truck
used in various fields such as industrial (LTCT) that previews the next off-roader
and leisure sectors. The company will As part of a plan to replace the existing it will manufacture for the global military
vehicle market. Earlier this year, Kia, who
has been making light tactical vehicles for
the South Korean army since 2016, show-
cased the concept of its Light Tactical
Cargo Truck (LTCT) that is capable of
fitting four passengers inside its aircon-
ditioned cabin. The rear-mounted box
can carry 10 fully armed soldiers and a
maximum of 6,600 pounds of cargo. The
vehicle has a top speed of 80 mph, about
16 inches of ground clearance, and can
drive through up to 30 inches of water.

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