South Korean Ministry Seeks Development Budget Surge
Credit: Bradley Perrett/AW&ST
Entering a new five-year defense planning period, the South Korean defense ministry wants to kick things off with a 20.7% surge in the budget for indigenous weapon development in 2020. The Korea Aerospace Industries (KAI) KF-X fighter program is a key reason for the rise. The 3.9 trillion won ($3.3...
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