FDH Aero partners with Sacheon City to boost South Korea's aerospace sector

“Our operations in the region have seen tremendous growth in recent years, and we are committed to leveraging our knowledge and connections to foster industrial cooperation and establish a global supply chain for Korea’s aerospace and defense industry,” said Cody Ho, FDH Aero's managing director for the Asia-Pacific region.

Dae-Woong Jeong, director general of Sacheon City Bureau Aerospace Industry, said the partnership with FDH will “accelerate the growth of Korea’s space industry expertise.”

The Korean government has announced plans to form joint projects with other space research organizations, including NASA, and explore economic cooperation with emerging countries that do not yet have formal space programs. It hopes that KASA will lead to the creation or further development of more than 2,000 aerospace companies, create 500,000 quality jobs, and establish a significant presence in the global market estimated at $291 billion.