S. Korea Seeks US$5 Bln in Arms Exports by 2022

SEOUL, March 9 (Korea Bizwire) — South Korea aims to increase its arms exports to US$5 billion in the next five years by fostering smaller firms’ trade and diversifying markets, a government agency said Friday. The defense industry of Asia’s key economy has grown largely on domestic demand for products made by conglomerates. Its weaponry [...]