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defense industry

Trump namedrops Korean shipbuilder for ‘Golden Fleet’ initaitive

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.

Korean-American Firm Kihomac in Deloitte-backed Drone Expansion

The Kihomac Deloitte deal is intended to strengthen domestic production capacity for key defense technologies, with global consulting firm Deloitte investing in Kihomac, a...

Korea’s defense industry is ‘writing new history,’ Yoon says at ADEX

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...

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