SEOUL, Sept. 18 (Korea Bizwire) – With the South Korean government pushing to strengthen its defense industry competitiveness and become one of the world’s top four arms exporters, the country’s flagship weapons systems are undergoing significant upgrades to expand their presence in the global market. At the International Defense Industry Exhibition (MSPO) held in Poland earlier [...]
WASHINGTON, Oct. 16 (Korea Bizwire) — Two Russian ships made at least five round trips between North Korea and Russia, beginning mid-August, in what could be arms transfers, the Washington Post reported Monday, citing satellite imagery. Based on analysis by the Royal United Services Institute (RUSI), a London-based think tank, the ships have been travelling [...]
SEOUL, Dec. 8 (Korea Bizwire) — The first export batch of K2 battle tanks and K9 self-propelled howitzers has arrived in Poland. The Polish Ministry of Defense announced on Tuesday (local time) that it held a delivery ceremony for 10 units of K2 Black Panther tanks and 24 units of K9 howitzer at a Navy [...]
SEOUL, Sept. 21 (Korea Bizwire) — An international defense exhibition opened in a city just northwest of Seoul on Wednesday to showcase cutting-edge military hardware and technologies, including drones and robots, organizers said. The biennial Defense Expo Korea, or DX Korea 2022, began its five-day run at the KINTEX exhibition center in Goyang. It is [...]
SEOUL, Nov. 25 (Korea Bizwire) — Police will introduce a multiple-shot stun gun, a less lethal pistol and other new weapons to cope better with violence, officials said Thursday, amid heavy criticism over a bungled police response to a recent knife attack. The new stun gun allows three consecutive shots and logs records of time [...]
SEOUL, April 14 (Korea Bizwire) — The Army is pushing to set up a research institute for next-generation technologies, such as artificial intelligence and drones to expedite the development of “next-generation game changers,” officers said Tuesday. The military recently launched a preliminary feasibility test on the establishment of its own research center and has been [...]
SEOUL, March 14 (Korea Bizwire) — The coronavirus pandemic is likely to affect South Korea’s exports of weapons and other military items, including K-9 howitzers to Estonia, sources said Saturday. Estonia has been pushing to buy six more K-9 Thunder self-propelled howitzers this year following their purchase of 12 units last year, according to foreign [...]
SEOUL, Jan. 16 (Korea Bizwire) – The United States sold more than 36 trillion won (US$30.58 billion) worth of weapons to South Korea over the past decade, government data showed Sunday, the latest sign underscoring Seoul’s heavy reliance on its key ally for defense. For 10 years through October 2016, South Korea purchased U.S. weapons [...]
CHANGWON, South Korea, June 1 (Korea Bizwire) – The 2016 Korea Defense Equipment & Component Industry Fair is taking place from June 1 to June 4 at the Changwon Exhibition Convention Center. The exhibition is aimed at encouraging the domestic production of defense supplies, as well as promoting the cooperation of all businesses, big and [...]
SEOUL, May 16 (Korea Bizwire) – Hyundai Motor Group is extending its futuristic offerings beyond a recently-revealed wearable robot reminiscent of Iron Man. Following the latest photo releases of Iron Man look-a-like robot prototypes, Hyundai’s plans to develop advanced weaponry have also been revealed. The group’s subsidiaries, including Hyundai Motor, Kia Motor, Hyundai Mobis, Hyundai [...]