The Debrief: ADEX To
Show Off South Korea’s Progress, Potential
Steve
Trimble October
16, 2023
Since the last Seoul ADEX event ended in October 2021, South
Korea’s aerospace and defense suppliers have:
- Flown
the indigenous, 4.5-generation KF-21 Boramae fighter.
- Approved
production of the RQ-105K medium-altitude uncrewed aircraft system (UAS).
- Launched
development with the United Arab Emirates of a new military cargo aircraft.
- Exported
more $17.3 billion worth of arms in 2022 alone.
Indeed, Seoul ADEX organizers are calling the event a showcase
for a defense industry that aims to eclipse China as the world’s fourth largest
arms exporter in a few years, rising from ninth place on the Stockholm
International Peace Research Institute’s yearly tracker.
South Korea plans to spend 17.8 trillion won ($13.2 billion) on
new defense capabilities for the Ministry of National Defense in 2024, a 4.5%
increase over the previous year.
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