SEOUL, Dec. 2 (Korea Bizwire) — STX Corp., a South Korean general trading firm, said Monday that it has signed a US$60 million contract with the Peruvian Army’s weapons manufacturing body to export 30 armored vehicle units to the South American nation. Under the deal with the Peruvian Army Arsenal, STX will ship 30 units [...]
SEOUL/BUSAN, Dec. 2 (Korea Bizwire) — A new 8,200-ton Aegis destroyer armed with an advanced missile interception platform was commissioned Monday, the Navy said, in a move to bolster the Navy’s air defense capabilities against North Korean missiles. A commissioning ceremony for the Jeongjo the Great destroyer, named after a visionary king of the Joseon [...]
SEOUL, Nov. 27 (Korea Bizwire) – South Korean President Yoon Suk Yeol met with a Ukrainian delegation on November 27, led by Ukraine’s Defense Minister Rustem Umerov, to explore effective responses to security threats posed by North Korea-Russia military cooperation. The delegation reportedly sought South Korea’s support, including potential arms aid, although specific details were not [...]
SEOUL, Nov. 27 (Korea Bizwire) — North Korea’s recent military deployment to support Russia in the ongoing Russia-Ukraine war represents more than just a troop commitment—it marks the first tangible implementation of the comprehensive strategic partnership agreement signed between North Korea and Russia in June. The agreement, which includes provisions for military assistance in times [...]
SEOUL, Nov. 27 (Korea Bizwire) — The top diplomats of South Korea, Canada, France and Italy have voiced concerns over the threat posed by North Korea’s troop deployment to fight for Russia in its war with Ukraine, pledging to work together for a concerted response, Seoul’s foreign ministry said Wednesday. South Korean Foreign Minister Cho [...]
SEOUL, Nov. 26 (Korea Bizwire) — Hanwha Aerospace Co. said Tuesday it has won a 473 billion-won (US$336.6 million) contract from Korea Aerospace Industries Ltd. to supply components for South Korea’s next-generation KF-21 fighter jets. Under the deal, Hanwha Aerospace will supply key components, including the auxiliary power unit, as well as propulsion, landing, drive [...]
SEOUL, Nov. 22 (Korea Bizwire) — The Joint Chiefs of Staff (JCS) is set to launch a new unit tasked with bolstering readiness in the domains of space, cyber and electronic warfare, officials said Friday, amid South Korea’s push to better prepare for future warfare. In a legislative notice, the defense ministry said the plan [...]
SEOUL, Nov. 22 (Korea Bizwire) — A senior North Korean general was wounded in a Ukrainian strike in Russia’s western Kursk region, the Wall Street Journal has reported, citing Western officials. The newspaper on Thursday (U.S. time) said it is the first time Western officials have said a high-ranking North Korean military officer has become [...]
SEOUL, Nov. 22 (Korea Bizwire) — A North Korean weaponry exhibition featured the country’s latest arms, ranging from suicide bombing drones to solid-fuel intercontinental ballistic missiles, North Korean reports and photos showed Friday. The North’s official Korean Central News Agency (KCNA) reported that the “National Defense Development-2024″ exhibition opened in Pyongyang the previous day, showcasing [...]
SEOUL, Nov. 20 (Korea Bizwire) — The Navy will receive a new 8,200-ton destroyer armed with an advanced missile interception platform next week, officials said Wednesday, in a move expected to help bolster the military’s air defense capabilities against North Korean missiles. The Navy will receive the Jeongjo the Great destroyer, named after a visionary [...]