South Korea sets sights on Gulf arms market

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A K9A1 howitzer at the Al Hamra Training Center, UAE, Feb 2025. Photo courtesy of Hanwha Aerospace.

South Korea’s defense industry is setting its sights on the Middle East as its next major export destination, according to a senior analyst from Korea Investment & Securities. At a seminar hosted Monday in Seoul by Hanwha Asset Management, a firm known for its defense-focused exchange-traded fund PLUS K-Defense, analyst Jung Nam-hyun said the region […]

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