AeroVironment (AVAV) announced the signing of a memorandum of understanding that positions Korean Air as its priority partner in the Republic of Korea. The alliance will focus on integrating and adapting AeroVironment’s JUMP 20 Group 3 VTOL, fixed-wing uncrewed aircraft to meet the needs of the Korean Defense market. The company stated the agreement establishes a foundation for long-term joint research and development and local production.
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