LIG Nex1 has been selected as the prime contractor for the next-generation medium-range surface-to-air guided weapon 'Cheongung III (M-SAM Block-III)'. According to the defense industry on the 28th, ...

HD Hyundai Heavy Industries (HD HHI) has been selected as the preferred bidder for the KSS-II (Type 214) mid-life upgrade ...

Strategic convergence between South Korea and Australia is accelerating, but defence industrial cooperation remains ...

As hostilities with Cambodia continue, photos show a RTAF F-16 carrying a Mk-82 bomb converted with the KGGB kit which Thailand acquired from South Korea ...

Hanwha and LIG Nex1 are participating in this project, and in August, specific companies for items such as launchers and ECS will be determined.

Trump said on Tuesday that South Korea should be paying for its own military protection, suggesting the US ally needed to pay more for the US troop presence there, a day after the tariff announcement.

Korea Aerospace Industries has once again found at a crossroads as it awaits the new government’s likely appointment of the ...

Thailand and Cambodia continued military attacks along their shared border on 25 July, in a second day of fighting between ...

After a two-year process, the Romanian Ministry of Defense selected Rafael Advance Defense Systems' Spyder air defense system in a huge tender, worth €1.9 billion ($2.2 billion). When the signing of ...

Automakers led the advance, with Honda Motor gaining 3.4% and Toyota adding 0.9%. Yoshinoya Holdings surged 6.5% after ...

We supply the militaries to many very successful countries," he added. Gains were led by SNT Dynamics and LIG Nex1 which surged 9.45% and 8.21%, respectively, as of 11.55 a.m. local time.

President Lee Jae Myung, speaking behind closed doors, pledged to personally spearhead efforts to expand South Korea’s defense industry, underscoring its importance not only for national security but ...