US approves $4.9 billion E-7 AEW&C sale to South Korea
Products & Services
Defence Insight
Shephard Media
Some of the things people like you use Defence Insight for:
- Total addressable market sizing ($)
- Competitor analysis
- Cost analysis
- Market forecasting
- Growth identification
- Increasing closing ratio
- Increasing closing order value
- Estimating product potential
- Calculating sales forecasting
- Supply and demand analysis
- Total addressable market sizing ($)
- Competitor analysis
- Cost analysis
- Market forecasting
- Growth identification
- Increasing closing ratio
- Increasing closing order value
- Estimating product potential
- Calculating sales forecasting
- Supply and demand analysis
Shephard Plus Update
Shephard Media
Shephard Plus is updating in June 2018 with rich new capabilities, and is now one of the most cost-effective and valuable aerospace and defence market intell...
Military Unmanned Systems Handbook
Shephard Media
The Military Unmanned Systems Handbook (Digital Download) is an international guide to the military UV industry and provides detailed information on air, ground and sea (surface & sub-sea) vehicles as well as subsystems. What's included: Unencrypted 390+ page PDF of equipment and supplier information Market summary
Description
The US Department of State has approved South Korea's request to buy four E-7 Airborne Early Warning & Control (AEW&C) aircraft at an estimated cost of US$4.9 billion.
The purchase of the aircraft will also include 10 CFM56 engines, eight installed on the aircraft and two spare, GPS navigation systems, aircraft countermeasures and radio systems alongside related logistic and programme support.
The sale to South Korea will serve to support the US' foreign policy goals and national security objectives “by improving the security of a major ally that is a force for political stability and economic progress in the Indo-Pacific region”, the Defence Security Cooperation Agency (DSCA) said in a statement.
The E-7 Wedgetail as an AEW&C aircraft will also, according to the DSCA, increase South Korea's C4ISR interoperability with the US, as well as improve the country's own intelligence, surveillance and reconnaissance, and AEW&C capabilities.
Boeing will be the primary contractor for the deal and Congress have been informed of the sale, the DSCA added.
The announcement came at a time whenSouth Korea waslooking to expand its AEW&C fleet by adding to its four E-7 ‘Peace Eye' aircraft. Boeing's E-7 ‘Wedgetail' is one of three competitors for the AEW&C II requirement, with the other two being Saab's GlobalEye and IAI's business jet solution.
In October, Saab signed a Memorandum of Understanding (MoU) with Korean Aerospace Industries (KAI) which would allow for KAI to support Saab in delivering its GlobalEye aircraft should it be selected for the AEW&C II programme.
Related Equipment in Defence Insight
737 Airborne Early Warning and Control (AEW&C)
The purchase of the aircraft will also include 10 CFM56 engines, eight installed on the aircraft and two spare, GPS navigation systems, aircraft countermeasures and radio systems alongside related logistic and programme support.
The sale to South Korea will serve to support the US' foreign policy goals and national security objectives “by improving the security of a major ally that is a force for political stability and economic progress in the Indo-Pacific region”, the Defence Security Cooperation Agency (DSCA) said in a statement.
The E-7 Wedgetail as an AEW&C aircraft will also, according to the DSCA, increase South Korea's C4ISR interoperability with the US, as well as improve the country's own intelligence, surveillance and reconnaissance, and AEW&C capabilities.
Boeing will be the primary contractor for the deal and Congress have been informed of the sale, the DSCA added.
The announcement came at a time whenSouth Korea waslooking to expand its AEW&C fleet by adding to its four E-7 ‘Peace Eye' aircraft. Boeing's E-7 ‘Wedgetail' is one of three competitors for the AEW&C II requirement, with the other two being Saab's GlobalEye and IAI's business jet solution.
In October, Saab signed a Memorandum of Understanding (MoU) with Korean Aerospace Industries (KAI) which would allow for KAI to support Saab in delivering its GlobalEye aircraft should it be selected for the AEW&C II programme.
Related Equipment in Defence Insight
737 Airborne Early Warning and Control (AEW&C)
