Asia makes waves in the global defence market (Opinion)
In a little over three months from contract signature, the first K9A1 howitzers arrived in Poland. (Photo: Hanwha Defense)
Over the past year, South Korea’s defence industry has shone brightly on the international stage. Indeed, Seoul’s efforts to boost self-sufficiency are paying off big time, and companies from this nation are now footing it with some of the best in the rest of the world.
In 2022, Hanwha, Hyundai Rotem and Korea Aerospace Industries (KAI) enjoyed major sales successes.
In January, there was an MoU for the sale of KM-SAM air defence systems to the UAE, and in February, a contract was signed for hundreds of K9A1 155mm self-propelled howitzers (SPH) to Egypt.
These were eclipsed in the second
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
Spain unveils new multi-billion euro defence investment plan
The new plan outlined how Spain would reach 2% of its GDP spend on defence by 2025, with €1.9 billion earmarked for new equipment acquisition with several land, naval and air platforms disclosed to be replaced or upgraded.
-
New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia
This budget will be spent over the next four years and nearly doubles the country’s defence spending as part of GDP to 2%.
-
UK Chancellor commits £2 billion to make the country a “defence industrial superpower”
Rachel Reeves announced port upgrades, protected budgets for innovation and investment in novel technologies.
-
Avalon 2025: Australian defence budget meets the low expectations of show attendees
The Australian Budget was marked by tax cuts and a looming general election which led to little hope that there would be a substantial defence boost even with a big bill for nuclear submarines due.
-
Launch of Gilat Defense targets DoD market
The communications company Gilat launched its new Gilat Defense division at the Satellite 2025 expo, with future solutions aimed at US military customers.