military weapons

Aerospace & Defense South Korea’s renewed stock market darlings: Weapons makers

South Korea’s defense industry is once again capturing investor attention, as exports of tanks, armored vehicles and other weapons systems soa...

Aerospace & Defense Hanwha Ocean, Babcock to team up for submarine exports

South Korea's Hanwha Ocean Co. said on Friday it signed a strategic partnership with the UK-based global defense industry giant Babcock Internationa...

Aerospace & Defense Hyundai Rotem to supply ground weapons to Peru

South Korea's Hyundai Rotem Co. said on Monday it signed an agreement with the Peruvian Army to supply K2 main battle tanks, armored vehicles, and o...

North Korea Why North Korean soldiers are prepared to die in Russia

SEOUL—Ryu Seong-hyeon doesn’t need to imagine what the thousands of North Korean soldiers deployed to the Russian front line...

Earnings HYBE Q3 profit down; foresees better 2025 after BTS’ military discharges

HYBE Co., the K-pop behemoth behind BTS, suffered a double-digit profit fall in the third quarter amid an ongoing feud with Min Hee-jin, the creativ...

Aerospace & Defense Perigee, Quantum Aero to cooperate on military UAV

South Korea's small space launch vehicle startup Perigee Aerospace Inc. said on Friday it signed a memorandum of understanding (MOU) with Quantum Ae...

Logistics Samsung SDS, Korea Air Force to cooperate on military logistics

South Korea's Samsung SDS Co. said on Tuesday it signed an agreement with the Korea Air Force Headquarters to cooperate on the digital transformatio...

K-pop BTS Jin reveals track list of 6 songs for solo album 'Happy'

The title track of the first solo album to be released by BTS member Jin is “Running Wild,” his agency Big Hit Music announced on Thursd...

Business & Politics S.Korea signs MOU on Philippine nuclear safety checks, eyes plant deals

MANILA – South Korea on Monday signed an initial agreement with the Philippines to conduct a safety check on a nuclear power plant before a re...

Aerospace & Defense KAI, Hanwha Systems to collaborate on special operations helicopter

Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, said on Thursday it signed an exclusive memorandum o...

Pension funds Korea’s military fund taps ex-president of Woori Financial as CIO

South Korea’s Military Mutual Aid Association (MMAA), which managed 10.4 trillion won ($7.5 billion) in assets as of the end of 2023, has tapp...

Aerospace & Defense Hyundai Rotem unveils 4th-gen unmanned military vehicle, HR-Sherpa

South Korea's Hyundai Rotem Co. unveiled the 4th generation HR-Sherpa, a multipurpose unmanned vehicle designed for military operations.The latest H...

North Korea North Korea Sent Excrement Balloons. South Korea’s Response: Blasting BTS Hits.

SEOUL—After enduring days of balloon bombardment from the Kim Jong Un regime, South Korea countered with an airwaves assault of it...

Aerospace & Defense LIG Nex1 participates in Malaysia's DSA 2024

South Korea's major defense system developer LIG Nex1 Co. announced on Tuesday that it's participating in the Defence Services Asia (DSA) 2024 exhib...

Aerospace & Defense Korea to offer $5 bn insurance for defense exports

South Korea will provide more than 7 trillion won ($5 billion) in insurance this year for domestic defense companies' exports as the country aims to...

Korean startups South Korean drone startups rush to join military drone race

South Korean drone-developing startups are rushing to join the race to develop military drones to meet growing demand for drones fit for combat oper...

Aerospace & Defense Perigee, Hyundai Rotem to team up for SLV

South Korea's Perigee Aerospace Inc. announced on Monday that it signed a memorandum of understanding (MOU) with Hyundai Rotem Co. to expand its bus...

Pension funds Korea's Military Mutual Aid Association starts search for new CIO

South Korea’s Military Mutual Aid Association (MMAA), which managed 10.4 trillion won ($7.7 billion) in assets as of the end of 2023, said on ...

Batteries SM Bexel to localize military drone battery packs

SM Bexel Co., the battery manufacturing affiliate of South Korea's SM Group, announced on Tuesday that it signed a memorandum of understanding (MOU)...

Aerospace & Defense Hanwha expected to sign $751 mn howitzer deal with Romania

Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, is set to sign a 1 trillion won ($751 million) contract to s...

Electronics Samsung foldable panel gets US military certification

Samsung Display announced on Monday that its 7-inch foldable panel, used in the latest generation of foldable phones, completed the demanding MIL-ST...

Pension funds Korea's military fund, LIG Nex1, IBK to form $60 mn defense fund

South Korea’s Military Mutual Aid Association (MMAA), a retirement savings fund for military personnel, will create an 80 billion won ($60 mil...

Aerospace & Defense Hanwha, Saudi gov't to cooperate in defense industry

Hanwha Aerospace Co. and Hanwha Systems Co. announced on Tuesday that they signed a three-party memorandum of understanding (MOU) for defense cooper...

Aerospace & Defense Kia rides defense sector boom with military vehicles

Kia Corp., South Korea’s second-largest automaker, has unveiled its next-generation military vehicle technologies at the largest defense exhib...

Aerospace & Defense LIG Nex1, Hyundai Rotem to team up for Middle East export

South Korea's major defense maker LIG Nex1 Co. announced on Tuesday that it has signed a memorandum of understanding (MOU) with Hyundai Rotem Co. to...

Aerospace & Defense Huneed, DTC to co-work for military radio equipment

South Korea's Huneed Technologies announced on Tuesday that it has signed a teaming agreement with the UK-based Codan Communications DTC. The two c...

Aerospace & Defense Korea unveils next-gen howitzer plans for defense exports

South Korea introduced plans for the development of next-generation self-propelled howitzers to its existing customers as the country aims to foster...

North Korea North Korea’s missiles tested on the battlefields of Ukraine

SEOUL—One of the world’s biggest illicit-arms suppliers just got a major advertisement.In recent weeks, Russian forces have fired...

Pension funds Korean military fund anchors $142 mn real estate fund

South Korea’s Military Mutual Aid Association (MMAA), a retirement savings fund for military personnel, is set to become an anchor investor in...

North Korea N.Korea fires more than 200 artillery shells off its west coast

North Korea's military conducted coastal artillery fire in the western part of the country on Friday.The North Korean military fired more than 200 a...