SEOUL, Dec. 28 (Korea Bizwire) — The state arms procurement agency on Thursday delivered the first model of the new TA-50 Block 2 trainer jet to the Air Force. The delivery is part of a 1 trillion-won (US$771.8 million) project to supply 20 TA-50 Block 2 trainers to the Air Force through 2026, according to [...]
SEOUL, Dec. 27 (Korea Bizwire) — North Korea will continue to escalate its nuclear threats against the United States and South Korea next year while seeking to improve its capabilities to strike back with a nuclear weapon if it comes under a nuclear attack, experts said Wednesday. Jun Bong-geun, a professor emeritus at the state-run [...]
SEOUL, Dec. 28 (Korea Bizwire) – In a pioneering collaboration aimed at boosting military efficiency and comfort, Hyundai Mobis, a leading South Korean automotive parts company, has signed a Memorandum of Understanding (MOU) with the Republic of Korea Marine Corps to implement motion sickness reduction technology in military vehicles. This groundbreaking partnership, announced on December 27, [...]
SEOUL, Dec. 27 (Korea Bizwire) — South Korean shipbuilding titan HD Hyundai Heavy Industries Co. said Wednesday it has recently completed the basic design for the country’s next-generation Aegis destroyer. It comes three years after HD Hyundai Heavy was chosen as the preferred bidder for the Korea Destroyer Next Generation (KDDX) project to build a [...]
SEOUL, Dec. 26 (Korea Bizwire) – South Korea on Tuesday launched a research project to develop a fighter jet engine by the mid-to-late 2030s as part of efforts to acquire key homegrown defense technologies. Earlier this year, the country designated advanced aircraft engines among 30 strategic defense technologies it will invest in as part of [...]
SEOUL, Dec. 26 (Korea Bizwire) – South Korea is in talks with Poland to ensure the multiple arms contracts signed between Korean companies and the Polish government will be carried out as agreed despite the change of the leadership in Warsaw, a Seoul official said Tuesday. Concerns are growing as the new Polish government, led [...]
SEOUL, Dec. 22 (Korea Bizwire) – South Korea staged an independent tabletop exercise simulating a North Korean nuclear attack this year as part of efforts to hone response capabilities against the North’s military threats, the defense ministry said Friday. The ministry noted the discussion-based exercise as one of its key accomplishments this year in a [...]
SEOUL, Dec. 22 (Korea Bizwire) – South Korean shipbuilder Hanwha Ocean clinched a 1.1 trillion-won (US$845 million) deal Friday to build a 3,600-ton submarine for the Navy, the state procurement agency said. Hanwha Ocean signed the deal with the Defense Acquisition Program Administration (DAPA) to construct the third and last submarine under the Changbogo-III Batch-II [...]
SEOUL, Dec. 17 (Korea Bizwire) – A U.S. nuclear-powered submarine arrived in South Korea on Sunday, Seoul’s defense ministry said, amid concerns North Korea could launch an intercontinental ballistic missile (ICBM) this month. The USS Missouri (SSN-780), a Virginia-class attack submarine, entered a key naval base in Busan, 320 kilometers southeast of Seoul, earlier in [...]
SEOUL, Dec. 11 (Korea Bizwire) — The representatives of eight member states of the North Atlantic Treaty Organization (NATO) will visit Seoul later this week for security talks with South Korean officials, the foreign ministry said Monday. The NATO representatives of the United States, Britain, Italy, Denmark, the Netherlands, the Czech Republic, Romania and Poland [...]