Samsung C&T: Entrance into the Global Aerospace Industry [Watch What They Do, Not What They Say]
On 20 May, Samsung C&T (028260 KS) made an important announcement that it started research and development on a space project that includes a rocket launch facility construction.
This is a signal that the Samsung Group may be interested in expanding in the global defense/aerospace industry once again.
The recent news flow on Samsung's expansion into aerospace business including Samsung C&T's development of rocket launch facility is likely to positively impact Samsung C&T's share price.
Source: South Korea Launches Rocket in 1st Space Success | Space
