South Korea Defense Minister Han Min-koo will be in the country today. He is scheduled to conduct meeting with Defense Secretary Voltaire Gazmin and pay a courtesy call to President Benigno Aquino. Minister Han and Secretary Gazmin will tackle regional security and defense matters.
South Korean firms are active in participating in several Armed Force of the Philippine modernization acquisition projects. The Korea Aerospace Industries (KAI) is scheduled to deliver first 2 of 12 ordered FA-50 fighter trainer aircraft before the years ends.
Korean firms are also among the bidders vying for the PhP18-billion frigate program for Philippine Navy. The program aims to acquire two frigates which are capable of firing anti-air, anti-surface, and anti-submarine missiles and weapons.