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Foreign Military Sales (FMS) is a security assistance program of the United States government to facilitate the purchase of U.S. arms, defense equipment, design and construction services, and military training to foreign governments. [1] FMS is a government-to-government program where the United States Department of Defense through the Defense ...
The Defense Acquisition Program Administration (DAPA, Korean: 방위사업청; Hanja: 防衛事業廳; RR: Bangwi Saeopcheong) was founded on 1 January 2006 as part of a comprehensive reform of the defense acquisition project, including the introduction and development of military equipments, and is a central administrative agency of the South Korean Ministry of National Defense.
The defense industry of South Korea is the main supplier of armaments to the Republic of Korea's Armed Forces. Originally heavily reliant on the United States to supply weapons to its armed forces, South Korea began manufacturing its own weapons through the country's industrialization and military modernization efforts. [1]
The mother program, code-named KTX-2, began in 1992, [7] but the Ministry of Finance and Economy suspended KTX-2 in 1995 due to financial constraints. [8] The basic design of the aircraft was set by 1999. [3] The development of the aircraft was funded 70% by the South Korean government, 17% by KAI, and 13% by Lockheed Martin. [3]
bmwgroup.com (corporate) Bayerische Motoren Werke AG, commonly abbreviated to BMW (German pronunciation: [ˌbeːʔɛmˈveː] ⓘ), is a German multinational manufacturer of luxury vehicles and motorcycles headquartered in Munich, Bavaria, Germany. The company was founded in 1916 as a manufacturer of aircraft engines, which it produced from 1917 ...
Website. rolls-royce.com. Rolls-Royce Holdings plc is a British multinational aerospace and defence company incorporated in February 2011. The company owns Rolls-Royce, a business established in 1904 which today designs, manufactures and distributes power systems for aviation and other industries. Rolls-Royce is the world's second-largest maker ...
History of BMW. The official founding date of the German motor vehicle manufacturer BMW is 7 March 1916, when an aircraft producer called Bayerische Flugzeugwerke (formerly Otto Flugmaschinenfabrik) was established. [1][2] This company was renamed to Bayerische Motoren Werke (BMW) in 1922. However, the BMW name dates back to 1917, when Rapp ...
The Agency for Defense Development (ADD, Korean: 국방과학연구소; Hanja: 國防科學硏究所; RR: Gukbang Gwahak Yeonguso) is the South Korean government agency for research and development in defense technology, funded by the Defense Acquisition Program Administration (DAPA). It was established in August 1970 under the banner of the ...