
Northrop Grumman [NOC] and South Korean aerospace and arms manufacturer LIG Nex1 signed a memorandum of Understanding this week to collaborate on air and missile defense capabilities for South Korea. The agreement was signed during the Seoul ADEX International Aerospace & Defense Exhibition on Oct. 21 as a formal commitment to help enhance South Korea’s capabilities. Northrop Grumman said the companies will set up a series of technical exchanges and engineering assessments of their respective defense technologies. The announcement noted…