News
South Korea’s National Assembly Allocates budget for SM-3 acquisition
The South Korean National Assembly reportedly allocated 10 billion KRW (~$7.5 million) to introduce SM-3 missiles developed by Raytheon.
18 November 2022
The South Korean National Assembly reportedly allocated 10 billion KRW (~$7.5 million) to introduce SM-3 missiles developed by Raytheon.
Hanwha Group signed a memorandum of understanding (MoU) with Daewoo Shipbuilding & Maritime Engineering (DSME) on September 26, acquiring 49.3 percent of the South Korean Shipbuilder’s shares.
Korea Aerospace Industries (KAI) unveiled a scale model of the KF-21N carrier-borne fighter jet….
The Korean naval shipbuilding industry is facing a drastic change in its environment…
South Korea’s Defense Acquisition Program Administration (DAPA) developed a “high speed interceptor craft” (HSIC) dubbed “Phantom” capable of reaching a top speed of 60 knots.
DSME is reportedly expected to face 90 billion KRW ($67 million USD) worth of financial loss…
LIG Nex1 showcased the new Sea Sword-V Unmanned Surface Vehicle (USV) for the ROK Coast Guard during an event in June…
DAPA has confirmed to Naval News that Hyundai Heavy Industries (HHI) signed the Basic Design contract for the KDDX program at the end of 2020…
The Republic of Korea (ROK) Navy has decided internally to allow female sailors aboard its KSS III submarines.
The Republic of Korea (ROK) Navy announced it will christen the first ship in the new KDX III Batch II class of destroyers as “ROKS Jeongjo the Great”.
