SEOUL, April 21 (Korea Bizwire) — Lee Jae-myung, the leader of South Korea’s opposition Democratic Party, held an emergency press conference on Friday in response to President Yoon Suk-yeol’s suggestion that South Korea might provide arms to Ukraine during a foreign media interview. Lee stressed that there should be no agreement on arms support to [...]
SEOUL, April 20 (Korea Bizwire) — South Korea’s Navy on Thursday received a new 3,000-ton submarine with reinforced capabilities to conduct covert underwater missions and precision strikes, the state arms procurement agency said. The delivery ceremony for the ROKS Ahn Mu, named after a renowned Korean independence fighter, took place at the Okpo Shipyard of [...]
SEOUL, April 20 (Korea Bizwire) — A video honoring notable U.S. and South Korean veterans of the 1950-53 Korean War started airing in New York’s Times Square on Thursday, the veterans ministry said, as the two countries celebrate the 70th anniversary of their alliance. The 30-second video will be shown periodically on two electronic billboards [...]
SEOUL, April 15 (Korea Bizwire) — South Korea and the United States held joint air drills, involving at least one B-52H strategic bomber, on Friday, Seoul’s defense ministry said, a day after North Korea test-fired a new intercontinental ballistic missile (ICBM). The North’s state media has confirmed the country conducted its first test of a [...]
SEOUL, April 13 (Korea Bizwire) — After getting a 20-minute prior notice for this week’s aerial refueling mission, South Korean Air Force crewmembers aboard a KC-330 tanker transport aircraft shifted into full standby mode to conduct their familiar yet delicate tasks. Twenty minutes later, the pilot and refueling control personnel worked seamlessly through a raft [...]
SEOUL, April 13 (Korea Bizwire) — South Korea’s arms procurement agency and U.S. defense giant Boeing signed a memorandum of understanding (MOU) Thursday for joint research and development of cutting-edge weapons systems, officials said. Eom Dong-hwan, minister of the Defense Acquisition Program Administration (DAPA), and Boeing Defense, Space & Security CEO Theodore Colbert signed the [...]
SEOUL, April 13 (Korea Bizwire) — South Korea endorsed major defense projects Thursday to domestically develop an electronic warfare aircraft and buy heavy helicopters for special operations, the state arms procurement agency said, as Seoul steps up efforts to counter North Korea’s evolving military threats. The Defense Project Promotion Committee approved a 1.85 trillion-won (US$1.41 [...]
SEOUL, April 12 (Korea Bizwire) —South Korea has reportedly agreed to provide the United States with artillery shells on a “loan” basis in support of Ukraine, according to government and defense industry sources. The move is seen as a way for South Korea to show its support for Ukraine and assist its ally, the United [...]
SEOUL, April 10 (Korea Bizwire) — South Korea on Monday held a ceremony launching a new 3,600-ton frigate with reinforced anti-submarine and anti-air capabilities, the Navy and the state arms procurement agency said. The ceremony for ROKS Chungnam, named after a central province, took place at the shipyard of HD Hyundai Heavy Industries in Ulsan, [...]
SEOUL, April 9 (Korea Bizwire) — The U.S.-South Korea relationship has been shaken by allegations of U.S. intelligence agencies spying on the South Korean government, just weeks before President Yoon Suk-yeol’s scheduled state visit to the U.S. The New York Times (NYT) and other media outlets reported on Sunday that U.S. intelligence agencies have been [...]