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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Congress Pushes Development of Space-Based and Boost Phase Missile Defense Capabilities

by Shaun McDougall, Military Markets Analyst, Forecast International. The U.S. Congress continues to push the Department of Defense to develop new missile defense technologies, but it remains to be seen if some …

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