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Aircraft industry heavyweights from Korea and France are joining forces to develop a state-of-the-art chopper.
Korea Aerospace Industries, or KAI, and France's Eurocopter will hold kickoff talks this week in Marignane, France to launch a joint venture by 2010.
KAI, holding a 51 percent stake, says the first copter will be ready by 2012 to replace the Korean military's aging fleet of UH1H "Hueys," one of which crashed a month ago, taking seven lives.
Korea's Defense Acquisition Program Administration, in charge of the helicopter project, told Arirang News that they also aim to sell the new aircraft model overseas for civilian purposes, by as early as 2015.
Arirang News
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