Defence Finance Monitor

Defence Finance Monitor

South Korea Targets Fourth Place in Global Defence Industry Rankings with Expanded Investment in Aerospace and Technology Sovereignty

Nov 05, 2025
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South Korea's Lee Calls for 'New Era' with Northern Neighbor - Bloomberg

South Korea has announced an ambitious plan to become the world’s fourth-largest defence industry by 2030, underscoring its intention to couple national security objectives with industrial and technological advancement. Speaking at the Seoul International Aerospace & Defense Exhibition (ADEX) 2025, President Lee Jae Myung declared that Seoul will alloca…

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