Kipco

About Kipco

Kipco Aerospace & Defense, originally established as Kookil Precision in 1989, is a privately held manufacturer operating within the South Korean aerospace and defense sector. The company is dedicated to bolstering national defense through the development and production of high-tech military equipment. Its business has expanded through a series of strategic acquisitions, incorporating specialized companies in wired exchanges, wireless repeaters, security equipment, and radar technology since 2010.

The company's operations are segmented into several key areas, providing a comprehensive "In-house One Stop Service" that covers everything from machining to system integration. In the realm of aerospace parts, Kipco manufactures critical engine components, such as cases, impellers, and vanes, for major international clients including GE and Rolls-Royce. It has developed particular expertise in machining difficult materials, with titanium parts constituting 50% of its aircraft component production. A significant portion of its business is also dedicated to advanced sensor and communication systems. The company develops and produces radar subsystems, including core components for AESA radars, and is producing a prototype space surveillance radar system for the first time in South Korea. Furthermore, Kipco is a leading developer of Electro-Optical Targeting Systems (EOTS), producing hardware like stabilization controls, gimbals, and cooling devices for various projects such as the KF-21 fighter jet and small attack helicopters.

Kipco's business model is centered on the manufacturing and supply of these specialized components and systems to the defense and aerospace industries. With its head office in Changwon and additional research and production facilities in Dongtan, Gumi, and Seoul, the company leverages its accumulated precision processing technology and diverse capabilities to serve its client base. The company's expansion into satellite communication systems, including inter-satellite communication and laser communication, signals its ambition to be a key player in the future space age.