SEOUL, July 30 (Korea Bizwire) — A South Korean delegation has visited Poland to deliver President Lee Jae Myung’s message on the commitment to further expanding bilateral cooperation in defense and other areas, Seoul’s foreign ministry said Wednesday. The delegation, led by veteran politician Park Jie-won of the ruling Democratic Party, was the first group [...]
SEOUL, July 3 (Korea Bizwire) — President Lee Jae Myung on Thursday praised Seoul’s recently completed defense export deal with Poland involving South Korean-produced K2 tanks, calling it a “splendid feat” for the Korean defense sector. Lee’s remarks came a day after the Defense Acquisition Program Administration (DAPA) announced that it had secured the second [...]
SEOUL, June 9 (Korea Bizwire) — South Korea’s top military officer met with the chief of the U.S. Transportation Command on Monday and discussed ways to bolster cooperation, such as regularizing combined transportation drills, the South’s Joint Chiefs of Staff (JCS) said. JCS Chairman Adm. Kim Myung-soo and Gen. Randall Reed held talks in Seoul, [...]
SEOUL, April 17 (Korea Bizwire) – South Korean defense giant Hanwha Aerospace Co. said Thursday it has signed a memorandum of understanding (MOU) with a Romanian university to expand industry-academia collaborations in the Eastern European country. The trilateral agreement with the University of Science and Technology Politehnica Bucharest and South Korea’s Pusan National University aims [...]
SEOUL, April 1 (Korea Bizwire) — The United States appears to have unexpectedly included South Korea’s defense offset program in an annual trade barrier report in a bid to possibly use it as a bargaining chip for future defense trade deals with Seoul, observers said Tuesday. On Monday, the Office of the U.S. Trade Representative [...]
SEOUL, Feb. 18 (Korea Bizwire) — South Korea’s Hanwha Group has held discussions with Edge Group, a defense conglomerate based in the United Arab Emirates (UAE), to explore strategic cooperation in defense, aerospace and maritime industries, according to the group’s defense arm Tuesday. Kim Dong-kwan, vice chairman of Hanwha Group, met with Faisal Al Bannai, [...]
SEOUL, Feb. 17 (Korea Bizwire) — Kia Corp., South Korea’s second-largest carmaker, said Monday it will participate in the International Defence Exhibition & Conference (IDEX) 2025 in the United Arab Emirates this week, showcasing its non-passenger military vehicles. IDEX 2025, the Middle East’s largest defense industry trade show, is set to open on Monday (local [...]
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) – South Korea’s defense technologies were assessed to be the world’s eighth most advanced as of last year, moving up one notch from the previous review, a triennial government report showed Wednesday. In comparison to the United States, which topped the list of 16 nations, the level of South Korea’s [...]
SEOUL, Jan. 20 (Korea Bizwire) — South Korea’s Defense Acquisition Program Administration (DAPA) is planning to develop a land-based version of its advanced Close-In Weapons System (CIWS-II), transforming a naval defense technology into a crucial last line of defense against North Korean artillery and drones. The system, which can fire thousands of rounds per minute to [...]