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S. Korea’s Arms Sales Grow 25 Pct to $3.19 Bln in 2017

S. Korea’s Arms Sales Grow 25 Pct to $3.19 Bln in 2017

SEOUL, Jan. 15 (Korea Bizwire) — South Korea’s exports of weapons jumped to US$3.19 billion last year amid efforts to diversify products, customers and marketing methods, the country’s state arms agency said Monday. It represents a 25 percent increase from $2.55 billion posted in 2016, according to the Defense Acquisition Program Administration (DAPA). It’s unusual [...]