Korean shipbuilders and defense firms are positioning themselves to join the U.S. Navy’s Golden Fleet initiative as Washington seeks rapid fleet expansion. Hanwha, HD Hyundai and Samsung Heavy are exploring partnerships, bids and technology cooperation under the Make American Shipbuilding Great Again push.
The Kihomac Deloitte deal is intended to strengthen domestic production capacity for key defense technologies, with global consulting firm Deloitte investing in Kihomac, a...
President Yoon Suk Yeol said the next steps for Korea's defense industry are aerospace engineering and artificial intelligence, citing Korea's achievements in developing high-tech...