Seoul: The head of the state arms procurement agency and the top British envoy in Seoul engaged in discussions on Wednesday, focusing on enhancing bilateral cooperation within the arms industry, as reported by the Defense Acquisition Program Administration (DAPA).
According to Yonhap News Agency, DAPA Minister Lee Yong-cheol and British Ambassador Colin Crooks emphasized the importance of a strategic partnership between South Korean defense firm Hanwha Ocean Co. and British defense firm Babcock. They highlighted the ongoing collaboration between Hanwha Systems Co. and Britain's BAE Systems in the satellite sector, along with potential cooperation in developing advanced aircraft engines. These initiatives could pave the way for joint exports, and both parties agreed to conduct follow-up consultations next year.
During the meeting, Lee stated, "Britain is a key value-sharing friendly nation and is an optimal partner in the arms industry," expressing his hope that their bilateral cooperation would yield tangible outcomes.