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President Lee Jae-myung unveils South Korea's first mass-produced KF-21 fighter jet at a ceremony in Sacheon.
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South Korea rolls out first mass-produced KF-21 fighter jet

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President Lee Jae Myung hailed the first mass-produced KF-21 fighter jet as a symbol of self-reliant defense during a ceremony on March 25 in Sacheon. He vowed to elevate South Korea to one of the world's top four defense powers. The Air Force plans to deploy 120 jets starting in September after evaluations.

Rocket Lab Corporation released its slide deck for the 2026 first quarter earnings call on May 7.

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Firefly Aerospace Inc. conducted its first quarter 2026 financial results conference call on May 4. CEO Jason Kim and CFO Darren Ma joined Director of Investor Relations Michael Sheetz to discuss results for the period ending March 31. The call included forward-looking statements and both GAAP and non-GAAP financial measures.

An article by The Japan Times reporter Gabriel Dominguez, detailing a close encounter between a Chinese military helicopter and a Philippine patrol plane over the South China Sea's Scarborough Shoal, has won the Best Asia-Pacific Breaking News submission at the 2026 Aerospace Media Awards ASIA. The winners were announced on February 2, 2026, at a reception in Singapore. The awards recognize journalists and publishers in Asia for their contributions to aerospace journalism.

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New JAXA analysis of the December 22, 2025, H3 Rocket No. 8 failure—initially blamed on second-stage engine trouble—reveals a novel issue: the 5-ton Michibiki No. 5 navigation satellite separated prematurely during payload fairing jettison shortly after liftoff from Tanegashima Island.

Korean Air and Hyundai Rotem announced Wednesday a joint effort to develop a reusable 35-ton-class methane rocket engine by October 2030 under a government-backed 49 billion-won program. Overseen by the Korea Research Institute for Defense Technology Planning and Advancement, the project aims to bolster Korea's space industry ecosystem. Hyundai Rotem will lead engine planning and combustor manufacturing, while Korean Air handles turbopump development.

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Chairperson of the Arab Organization for Industrialization (AOI) Mokhtar Abdel Latif and French Ambassador to Cairo Eric Chevalier witnessed the signing of a new cooperation agreement between AOI and French aerospace and defense giant Dassault during the second day of AOI’s participation in EDEX 2025. Abdel Latif emphasized deepening industrial ties with Dassault to localize technology and attract investments. Ambassador Chevalier highlighted AOI’s role as a strategic platform for boosting French exports to Arab and African markets.

 

 

 

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