South Korean stocks edged up on Tuesday following a trade agreement between the United States and China. The local currency ...

South Korea has launched a field support mission to assess the performance and operability of key weapon systems—including ...

Shares edged up Tuesday following a trade agreement between the United States and China. The won's value fell sharply against ...

The company's net profit for the January-March period totaled 82.8 billion won (US$59.3 million), compared with 49.8 billion ...

South Korea's defense industry is gaining global interest, as demonstrated by high-profile visits from U.S. figures like ...

Hanwha Systems has secured a contract worth KRW131.5 billion (USD94.3 million) from South Korea's Agency for Defense ...

LIG Nex1 Co., a major South Korean defense and aerospace company, said Thursday it has signed a 320.7 billion-won (US$224 ...

HD Hyundai Heavy Industries enters Latin American submarine market via Peru . Find the latest news from the maritime industry on the PortNews website.

LIG Nex1 announced on the 28th that it has signed a contract for the system development of the long-range artillery interception system with the Defense Acquisition Program Administration.

Major Korean defense firms including KAI, LIG Nex1, and Hyundai Rotem participated, displaying a broad range of products from armored vehicles to guided missile systems. DAPA said the exhibition ...

South Korean firms Hanwha Aerospace and LIG Nex1 offer countries a reliable and cost-effective way to acquire advanced military equipment—often delivered in as little as six months, an unusually ...