Korean Air inks big military drone deal

Korean Air signed a deal late last month with the state-run munitions procurement organization to mass produce a new unmanned aerial vehicle (UAV), or drone, for military reconnaissance missions, the top air carrier said on Sunday. The budget for the deal with the Defense Acquisition Program Administration, which will conclude in 2020, totals 400 billion won ($334 million), and Korean Air will receive 230 billion won through 2018 in its initial phase.

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