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LIG Nex1 displays guided missiles at defense exhibition in Kuala Lumpur
SEOUL, May 08 (AJU PRESS) - LIG Nex1 is displaying its mid-range surface-to-air missile defense system "Cheongung-II" at the Defence Services Asia (DSA), which kicked off on Monday for a four-day run in Kuala Lumpur, Malaysia. More than 1,200 companies from some 60 countries are participating in the defense exhibition hosted by the Malaysian government. The Cheongung-II, also known as M-SAM, features the function of intercepting ballistic missiles at an altitude of about 20 kilomet
May 8, 2024
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India's foreign affairs minister visits Seoul for economic cooperation
SEOUL -- Through a joint committee in Seoul, India's foreign affairs minister reached a consensus with his South Korean counterpart to upgrade economic cooperation in defense, supply chains, technology, and infrastructure. This was the first dialogue in six years since the joint committee meeting held in New Delhi in December 2018. South Korea's foreign affairs ministry said India's external affairs minister Subrahmanyam Jaishankar attended the joint committee meeting on March 6 wit
March 8, 2024
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LIG Nex1 to showcase unmanned coastguard patrol boat at robotics exhibition in UAE
SEOUL -- LIG Nex1, a defense contractor in South Korea, will display an unmanned coastguard patrol boat "Haegum-3" at a global exhibition in Abu Dhabi designed to showcase drones, robots, and other unmanned solutions. The patrol boat is equipped with advanced surveillance equipment, a remote shooting control system, and a guided rocket launcher. Haegum-3 unmanned boat features high seaworthiness, artificial intelligence-based autonomous operation technology, and enhanced combat capabi
January 23, 2024
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S. Korea succeeds in launch of solid propellant satellite carrier rocket
SEOUL -- South Korea has succeeded in the launch of a four-stage hybrid fuel rocket carrying a commercial satellite. This is the country's third test launch of its solid propellant rocket, and the carrier was able to put a small-sized commercial satellite into low orbit. A solid propellant rocket is a type of rocket that uses a propellant in a solid form, typically in the shape of grains or a single piece. The propellant is usually a mixture of fuel and
December 4, 2023
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Global defense exhibition 'DX Korea' to take place in Seoul's satellite city in 2024
SEOUL -- "DX Korea," one of South Korea's largest defense exhibitions, will be held at a convention center in Goyang, a northwestern satellite city of Seoul, for three days in September 2024. Various arms manufacturers and military officials from South Korea and abroad will participate in the biannual event designed to showcase advanced products for ground forces. About 350 companies from 40 countries took part in the previous exhibition in 2022. According to the exhibition'
November 29, 2023
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[OPINION] Australia's Increasing Strategic Importance
KENOSHA -- The visit to Australia by U.S. Secretary of State Antony Blinken and Defense Secretary Lloyd Austin in late July is important and deserves more attention than s
August 2, 2023
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Hanwha Systems to develop low-orbit satellite communication technology for military use
SEOUL -- Hanwha Systems, a key defense contractor involved in the development of antennas and other crucial equipment in South Korea, will nurture low-orbit satellite communication technology targeting the overseas military communications market. The core technology of low-orbit satellite communication will be used in the defense sector, as seen in Russia-Ukraine battlefields where troops relied on low-orbit satellite communication after ground networks were destro
March 28, 2023
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Korean, UAE firms sign contracts, MOUs worth $6.1 billion
SEOUL -- Domestic companies are vying to strike a deal with United Arab Emirates’ firms after the UAE promised to invest $30 billion (about 37 trillion won) in South Korea. On January 16, the Ministry of Trade, Industry and Energy held a Korea-UAE business forum in Abu Dhabi to help South Korean corporations look for UAE partners as part of efforts to increase exports to the Middle Eastern country and explore business opportunities there. The business forum came after President Yoon Su
January 17, 2023
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BTS members allowed to participate in limited group activities while in military service
SEOUL -- All BTS members will be able to gather for limited group activities such as concerts outside barracks while in obligatory military service if top commanders make an exceptional judgment that their reunion will promote national interest. The share price of their agency is on the rise with investors believing that uncertainties have been resolved. Under pressure to clarify its official position about the allowable range of performance after enlistment, the defense ministry said that BTS
October 18, 2022
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Hanwha Aerospace aims to become global defense solution company like Lockeed Martin
SEOUL -- Hanwha Aerospace, an aircraft parts maker involved in the production of engines for South Korea's homegrown space rocket, will be reborn as a global defense solution company to benchmark Lockheed Martin, a U.S. aerospace, arms, defense, information security, and technology corporation. In a board meeting on July 29, Hanwha Aerospace was allowed to absorb the defense business of Hanwha Corporation, a manufacturing and trading company that produces munitions, navigational systems fo
July 29, 2022