According to the industry, Korea challenges $10 billion in exports. This is the world’s fifth-largest. If this becomes a reality, Korea will be shoulder to shoulder with advanced defense countries such as Germany, the United States, Russia, and France.
The performance of the Korean defense industry over the past two years has surpassed $7 billion last year, starting with $3 billion in 2020. This year, big contracts have been signed one after another since the beginning of the year, already surpassing $5.1 billion. – UAE Heavenly Palace 2, Egypt.
The Heavenly Palace II consists of a cold launch system and a missile, multifunctional radar, and engagement control system. It is characterized by the application of all the latest guided weapon core technologies. After firing a missile vertically, it can engage enemies in all 360 degrees by adopting a method of changing the flight direction using a lateral force nozzle.
The price per shot reaches 1.5 billion won, and the maximum range is 40 kilometers, and it is mobilized for enemy aircraft and missile interceptions approaching an altitude of less than 40 kilometers. Up to eight guided bombs can be fired continuously from one launch pad.
In addition, the Cheongung-based Japanese missile has a target-oriented warhead that explodes in the direction of the right time, so it can completely hit enemy fighters with a relatively small warhead. It has improved its performance so that it can directly hit and shoot down aircraft as well as enemy ballistic missiles.
This year’s most anticipated defense exports have reached the final competition through Australia’s Land 400 Redback, which Hanhoe Defense is in charge of, and the results are expected to come out in the first half of this year. If this is won, a total of $9 billion in contracts, including the subsequent county governor, will be signed. Hanwha Defense won about 1 trillion won in orders with Australia in December and is also preparing for local production of Land 400. – Twice the UAE contract.
In the case of KAI, it is actively marketing FA50 light attack aircraft centered on the Latin American market. About $3 billion. Hyundai Rotem makes all-out efforts to win the Norwegian next-generation tram business through K2 tram. The reason why Korean defense companies steal the limelight is its high-quality. Even if they have excellent cost-effectiveness and after-sales services, they cannot be used if they do not meet the national budget range, and even if they are inexpensive, they cannot be used if the quality is below.
This export confirmation is of great significance in that it has been recognized in the global market for its “K-Bangsan” technology. In addition, it not only serves as a facilitator for the export of domestic weapons systems, but also raises expectations for improved K-Bangsan export performance this year.
Sam Kim
Asia Journal
