S. Korea to Invest 1.6 tln Won to Develop Military Satellite Technologies

SEOUL, Aug. 19 (Korea Bizwire) — South Korea plans to invest 1.6 trillion won (US$1.37 billion) in the next 10 years to secure core technologies for satellite development in the defense sector, the arms procurement agency said Thursday. The plan is part of a series of measures aimed at upgrading the country’s defense capabilities in [...]