South Korea Proposes 3.6% Defense Budget Hike

F-35

Credit: MC Images / Alamy Stock Photo
The South Korean defense ministry is proposing a 3.6% year-on-year spending hike, with a strong emphasis on increasing its so-called “kill-chain” capabilities, missile defense, and research and development. The proposal for KRW61.6 trillion ($46.2 billion) will be submitted to the national assembly...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

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