Lockheed Martin’s joint projects with Korea

Partnership in military areas

1991 Co-production of the F-16 Fighting Falcon

- Korea completes the acquisition of 140 F-16s under the Korea Fighter Program (KFP) in August 2004.

- The majority of them were produced and assembled here under license from LM.

1995 Introduction of the LM P-3 Orion

- The Navy flies the first two deliveries of the eight Lockheed Martin maritime patrol aircraft to monitor its coastlines.

- The P-3 Orion aircraft provides the capability to carry out anti-submarine warfare.

1997 The T-50 full-scale development program begins

- LM makes extensive technology transfer as part of the KFP offset program.

- LM contributes to flight control, avionics and wing development.

- The Korean government funds 70 percent of the development cost.

- Korea Aerospace Industries (KAI) and LM shoulder 17 percent and 13 percent of the cost, respectively.

2000 Joint marketing agreement (JMA) for the T-50

- LM Aero and KAI sign a JMA for the T-50, the world’s only supersonic trainer

- LM Aero responsible for marketing in the United States

- KAI responsible for marketing in Korea

- LM, KAI agree to jointly market the T-50 internationally

2000 Korea buys four FPS-117 radars

- The Air Force purchases four additional FPS-117 radars to greatly extend surveillance coverage.

- LG Innotek participates in the production of the third and fourth systems and manufactures the major electronic components and subsystems.

2001 Korea orders three TPS-117 radars, the transportable version of the FPS-117

2002 T-50 successfully completes its first flight

2002 The Navy picks LM’s Aegis combat system for its KD-III destroyers

Commercial areas

1995 LM-built communications satellites Koreasat-1 launched through a partnership with Korea Telecom

1996 Koreasat-2 launched

1998 LM and Samsung Information Systems forge a partnership

- The two agree to collaborate on the Korean Area Control Center (KACC) system for Incheon International Airport.

- The KACC controls the upper airspace of Korea’s air traffic.

1999 Koreasat-3 launched

- Manufactured with the participation of a Korean industry team, including Daewoo Heavy Industries and Korean Air.

- It provides direct-to-home broadcasting, multispeed data transfer and broadband Internet services.