Tag - US defense industry firms

Korea, US to sign pact to share info on defense industry firms

South Korea and the United States plan to share information on their defense industry companies in a move to facilitate the trade of weapons, the state defense procurement agency said Monday. Chang Myoung-jin, head of the Defense Acquisition Program Administration, and Deputy Secretary of Commerce Bruce H. Andrews will sign a memorandum of cooperation for information sharing on each other’s weapons manufacturers in Washington, an official statement said. The bilateral pact will be reached Monday (Washington time). “We have had some difficulties [...]