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, ...

LIG Nex1, Hyosung Heavy Industries, and Doosan, with a market capitalization of around 10 trillion won, are being evaluated as having a high possibility of inclusion.

South Korea's Defense Acquisition Program Administration (DAPA) has initiated a project to enhance the performance of its ...

Korean stocks tumbled at the steepest pace in nearly four months on Friday as investor sentiment was dragged down by the ...

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

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 ...

South Korea stock market: Hyundai Rotem to LIG Nex1 — defence stocks rise despite renewed fear of Trump's tariffs South Korea stock market: Trump said on Tuesday that South Korea should be ...

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 company’s next leader while sale rum ...

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