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October 4, 2023
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Defense Security Monitor

Defense Security Monitor

A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.

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Tag: South Korea

Defense / Military Aircraft

Republic of Korea Air Forces Get Clearance to Grow F-35 Fleet

September 14, 2023September 15, 2023 - by Daniel Darling

A government-to-government Foreign Military Sale (FMS) request by South Korea for acquisition of the F-35 combat aircraft has been approved by the U.S. State Department. Notification of the estimated $5.06 …

Republic of Korea Air Forces Get Clearance to Grow F-35 Fleet Read More
Asia / Defense / Region

South Korean Government Plans 4.5 Percent Rise for 2024 Defense Budget

August 29, 2023September 1, 2023 - by Daniel Darling

The South Korean government has approved a Defense Ministry request to raise the topline defense budget by 4.5 percent nominally year-on-year in 2024. The government intends to submit the budget …

South Korean Government Plans 4.5 Percent Rise for 2024 Defense Budget Read More
Defense / Featured / Industry / Military Aircraft

Add the KF-21 Boramae to Poland’s South Korea Shopping Wish-List

May 10, 2023May 11, 2023 - by Daniel Darling

In what would prove to be yet another step in the process toward deepening Poland-South Korea defense ties, the Polish government is looking to join South Korea’s KF-21 Boramae combat …

Add the KF-21 Boramae to Poland’s South Korea Shopping Wish-List Read More
Featured / Geopolitics

South Korea’s Defense Industrial Green Shoots Continue to Spread Afar

January 19, 2023January 19, 2023 - by Daniel Darling

On January 15, South Korea and the UAE signed two Memoranda of Understanding (MoU) to deepen bilateral defense ties. The first called for continuation of efforts in joint investment and …

South Korea’s Defense Industrial Green Shoots Continue to Spread Afar Read More
Defense / Land Systems / War in Ukraine

Poland Readies Buy of South Korean Multiple Rocket Launchers

October 17, 2022November 14, 2022 - by Daniel Darling

Negotiations for an expected 300-unit purchase of South Korean K239 Chunmoo multiple rocket launchers (MRLs) have wrapped up, and a contract should be signed this week, according to Poland’s defense …

Poland Readies Buy of South Korean Multiple Rocket Launchers Read More
Defense / Featured / Land Systems

Poland Agrees to Massive Arms Package with South Korea

July 27, 2022July 28, 2022 - by Daniel Darling

In an effort to accelerate its broad military modernization initiative, the government of Poland has reached an agreement with South Korea for the supply of self-propelled howitzers (SPHs), main battle …

Poland Agrees to Massive Arms Package with South Korea Read More
Asia / COVID-19 / Geopolitics / Region

Due to COVID-19, South Korea Plans Fresh Cut to 2020 Defense Budget

June 3, 2020June 3, 2020 - by Daniel Darling

The South Korean government plans to trim around KRW300 billion ($245 million) from the country’s 2020 defense allocation in order to bolster its economic relief effort in light of the …

Due to COVID-19, South Korea Plans Fresh Cut to 2020 Defense Budget Read More
Asia / COVID-19 / Geopolitics

South Korea Plans Defense Budget Reduction in Wake of COVID-19 Pandemic

April 16, 2020April 16, 2020 - by Daniel Darling

As South Korea seeks to mitigate economic fallout and social disruption in the wake of the novel coronavirus (COVID-19) pandemic, the government is looking for areas with which to shift …

South Korea Plans Defense Budget Reduction in Wake of COVID-19 Pandemic Read More
Defense / Military Aircraft

State Department Clears South Korean FMS Request for 12 MH-60R Helicopters

August 8, 2019November 6, 2019 - by Daniel Darling

The U.S. State Department has cleared a potential $800 million Foreign Military Sale (FMS) of 12 Sikorsky MH-60R Seahawk multimission helicopters intended for the Republic of Korea (ROK) Navy. The …

State Department Clears South Korean FMS Request for 12 MH-60R Helicopters Read More
Industry / Naval Systems

Hyundai Heavy Industries to Remain Top Shipbuilder as Daewoo Buy Moves Ahead

July 5, 2019November 6, 2019 - by Richard Pettibone

After several years of restructuring its operations, a new Hyundai Heavy Industries Group has emerged.  Through a complex shareholding arrangement, the various operations have been collated under one banner, with …

Hyundai Heavy Industries to Remain Top Shipbuilder as Daewoo Buy Moves Ahead Read More

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International Military Markets

Forecast International’s International Military Markets service provides a country-by-country examination of the military capabilities, equipment requirements, and inventories of over 120 nations. The individual country reports are structured to condense a vast range of information into concise segments. Governmental and political structures, political and economic trends, national and defense budgets, force structures, military planning requirements, recent and future procurements, the security environment, threat assessments, and military postures – all are detailed in these six services broken out by region (click each title for more details).

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Middle East & Africa
North America

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