Elbit Systems Ltd has established Sharp Elbit Systems Aerospace (SESA), a jointly owned company in South Korea, with Sharp Aviation K, located in Seoul, South Korea. Elbit Systems will own 19% with a growth option to 50% ownership. SESA will operate in Ansan and among other capabilities, will offer maintenance, repair and manufacture of advanced military aircraft avionics as well as research and development of systems and avionics for both existing and future projects, such as the Korean Light Attack Helicopter (LAH) and the Korean Future Fighter (KFX) development projects. Contracts currently operated by Sharp Aviation K will be transferred

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