Lockheed Martin officials will visit Korea this week to discuss the transfer of technologies related to the country's KF-X project, the development of an indigenous fighter.
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Lockheed Martin officials will visit the Defense Acquisition Program Administration (DAPA) this week," said spokesman Col. Kim Si-cheol, Tuesday. "Working-level officials of the company and DAPA are checking on the progress of the U.S. government's inspection into the transfer of 21 technologies to Korea."
Kim, however, showed a subtle change from his existing position that the transfer of the 21 technologies, stipulated in an offset deal, including a flight control system, was a done deal.
He said it is a contractual obligation for Lockheed Martin to transfer technologies worth $1.41 billion, noting that although the company is changing the types to be handed over to Korea from the original list, it should be valued at the agreed amount.
The remark was construed to mean the list of technologies to be transferred could be changed after the U.S. government inspection.
China will impose export control on some drones and high performance computers startingon August 15th, according to an announcement published on Friday by China's Ministry of Commerce and the General Administration of Customs.
Companies need to apply for permits from related commerce department under the StateCouncil to export some drones and other commodities listed, the announcement added.
With Moscow consolidating its hold on Crimea, the U.S. State Department is suspending approval of defense exports to Russia, a move that could prevent the launch of U.S. commercial communications satellites on Russian rockets.
“State will continue this practice until further notice,” the department’s Directorate of Defense Trade Controls (DDTC) said in a March 27 announcement on its website.
DDTC export licenses are required to launch U.S. satellites—or foreign-built satellites containing U.S. components controlled by International Traffic in Arms Regulations (ITAR)—on Russian launch vehicles.
If the ban on issuing such licenses remains in effect, the effects would be felt most immediately by International Launch Services (ILS) of Reston, Va., and Sea Launch International of Nyon, Switzerland; ILS markets launches on Russian Proton vehicles, while Sea Launch manages flights on Russia’s Zenit launcher.
