SEOUL, Feb. 25 (Korea Bizwire) — The state defense procurement agency signed an initial agreement Tuesday with major shipbuilders Hanwha Ocean Co. and HD Hyundai Heavy Industries Co. to promote cooperation in warship export projects, according to officials. Under the memorandum of understanding (MOU), the three sides will work together to win overseas warship deals, [...]
SEOUL, Feb. 17 (Korea Bizwire) — South Korea will run a country booth at a defense exhibition in the United Arab Emirates (UAE) this week, the state arms procurement agency said Monday, as the country seeks to boost its overseas arms exports. The Defense Acquisition Program Administration (DAPA) will set up the booth at the [...]
SEOUL, Jan. 22 (Korea Bizwire) — The state defense procurement agency officially launched the fourth and final phase of its next-generation frigate project on Wednesday as part of efforts to replace the Navy’s aging warships. Defense officials and companies involved in the project gathered at Hanwha Ocean Co.’s headquarters in Geoje, 329 kilometers southeast of [...]
SEOUL, Jan. 20 (Korea Bizwire) — South Korea on Monday officially began the development of a homegrown interceptor system akin to Israel’s Iron Dome to bolster its defense against North Korean artillery threats, the state arms procurement agency said. The government plans to spend 479.8 billion won (US$329 million) through 2028 to develop the Low-Altitude [...]
SEOUL, Jan. 15 (Korea Bizwire) — The state arms procurement agency has kicked off a project to renovate the Navy’s 4,400-ton warships with homegrown technology for enhanced efficiency in operating the fleet, officials said Wednesday. A meeting to discuss details of the upgrade for the Chungmugong Yi Sun-sin-class destroyers took place at the office of [...]
SEOUL, Jan. 8 (Korea Bizwire) — South Korea’s Defense Acquisition Program Administration (DAPA) announced on January 7 the completion of a performance enhancement project for five types of K-series armored vehicles, improving field operability and safety. The upgraded models include the K200A1 infantry carrier, K242A1 (4.2-inch mortar), K281A1 (81mm mortar), K277A1 command post vehicle, and [...]
SEOUL, Dec. 26 (Korea Bizwire) — The Army on Thursday received the first model of the homegrown Light Armed Helicopter (LAH) as part of its efforts to modernize the fleet of aging helicopters, the state defense procurement agency said. A ceremony to mark the helicopter’s delivery took place at the headquarters of its manufacturer Korea [...]
SEOUL, Dec. 11 (Korea Bizwire) – South Korea has replaced obsolete tactical air navigation (TACAN) systems at air bases with a new homegrown system, the state arms procurement agency said Wednesday, in an update bolstering air operations support. The 30.7 billion-won (US$21.5 million) project to install the new fixed-base system has been recently completed with [...]
SEOUL, Nov. 20 (Korea Bizwire) – South Korea’s Defense Acquisition Program Administration (DAPA) announced plans to develop specialized semiconductors that can be widely applied across Korean weapons systems, marking a significant step toward technological independence in military hardware. The initiative, unveiled on November 19 at a defense semiconductor forum in Seoul’s Yeongdeungpo district, outlines a comprehensive [...]
SEOUL, Nov. 19 (Korea Bizwire) — South Korea has started the construction of a land-based test site for a homegrown combat system to be fitted on a next-generation destroyer, the state arms procurement agency said Tuesday. A groundbreaking ceremony for the test site took place at an Agency for Defense Development research center in the [...]