Market Structure

April 2010
South Korea Defence & Security Report;Q2 2010, p65
Industry Profile
The article discusses the development of the domestic industry in South Korea with the expansion of its defense industry to produce fighter aircraft and submarines and develop satellite programmes. The aerospace industry is indicated to have posted a significant improvement in self-sufficiency. It indicates the aim of its Ministry of National Defense (MND) to optimize indigenous production, bolster air and space power and procure sophisticated technology. It mentions South Korea's ability to take greater responsibility for its defense.


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