South Korea Plans Five-Year Defense Spending Hike with Missile Defense and Counter-Fire Capability in Mind

South Korea’s Defense Ministry unveiled its next five-year budgetary blueprint on January 11, which indicates an average annual hike of 7.5 percent. The blueprint covers the fiscal period between 2019 …

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Lockheed Martin’s LRDR Selected for Japanese AEGIS Ashore Ballistic Missile Defense Sites

by C. Zachary Hofer, Electronic Systems Analyst, Forecast International. On July 30, the Japanese Ministry of Defense announced that it had decided to procure Lockheed Martin’s radar over rival Raytheon’s to equip …

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