Genoco Signs JTDLS Development Contract with Hanwha Systems
[Asia Economy Reporter Hyungsoo Park] Aerospace communication specialist Genoco announced on the 15th that it has signed a contract with Hanwha Systems for the development of the Korean Joint Tactical Data Link System (JTDLS) complete system in the satellite communication field.
The project period is until December 29, 2025. The contract amount is 2.96 billion KRW, which corresponds to 8.67% of last year's sales.
Genoco will participate in the JTDLS complete system development project promoted by Hanwha Systems until 2025 and supply LINK-22 overseas imported equipment.
Hot Picks Today
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- [Breaking] Park Sukeun, Central Labor Relations Commission Chair: "Some Gaps Narrowed Between Samsung Electronics Labor and Management"
- "If That's the Case, Why Not Just Buy Stocks?" ETFs in Name Only, Now 'Semiconductor-Heavy' and a Playground for Short-Term Traders
- "I Take Full Responsibility"... Chung Yongjin Issues Direct Apology for Starbucks 'May 18 Controversy' (Update)
- "No Cure Available, Spread Accelerates... Already 105 Dead, American Infected"
The LINK-K system will be applied not only to the defense industry but also to the aviation sector. Genoco, which possesses leading network technology in the satellite and aerospace communication fields, is expected to benefit from this.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.