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Ray O. Johnson: Lockheed to Back Aerospace R&D Projects at Korean Universities

Ray O. Johnson: Lockheed to Back Aerospace R&D Projects at Korean Universities - top government contractors - best government contracting event
Ray Johnson
Ray Johnson - Lockheed, ExecutiveMosaic
Ray O. Johnson

Lockheed Martin will establish an investment fund in Korea to help local universities research and develop aviation and spaceflight technologies, Korea Times reported Thursday.

Park Ji-won writes that Lockheed has launched an open science and technology competition and is accepting R&D proposals in nanotechnology and renewable energy generation for aerospace applications.

“Through direct investment and hands-on mentoring, we want to inspire students and nurture university projects that could become the next generation of technological advancement and innovation,” said Ray O. Johnson, Lockheed senior vice president and chief technology officer, according to the report.

Korea Times reports that Lockheed engineers will mentor university researchers throughout the program.

Lockheed has worked in South Korea for more than 20 years to defense, space, air traffic control and telecommunication systems.

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Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

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