AGENCE FRANCE-PRESSE, European helicopter-maker Eurocopter said APRIL 13 that the South Korean government had approved the production of 245 military transport helicopters that are to be built jointly by Eurocopter and a South Korean company.
Eurocopter, a subsidiary of European aerospace and defense giant EADS, is to team up with Korea Aerospace Industries for the project, worth a total of $6 billion-$8 billion (4.9-6.6 billion euros).
The European group, whose share of the order is valued at $1.5 billion, was picked by South Korea