The Defense Industry and Procurement in South Korea

Published: July 1, 2015

After the wartime in 1950, South Korea has become a strong defense country with the world’s 6th largest military, a mandated military service, and strengthened military alliances. According to the IHS Global Defence Trade Report released in March 2015, South Korea is recognized as the world’s 7th largest defense¬†importing country. This report describes the defense procurement process and policy in South Korea.

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