South Korea has rapidly become one of the world’s leading defence exporters, with overseas orders projected to reach USD 24 billion in 2025. Supported by the K-Defense Export Strategy, major Korean firms such as Hanwha Aerospace, Hyundai Rotem, KAI and LIG Nex1 are securing high-profile international contracts and expanding their global footprint.
For global suppliers, the opportunity lies in specialised subsystems and advanced technologies that support Korea’s defence ecosystem — from precision targeting and autonomous systems to cybersecurity, sensors and propulsion.
With defence exports expected to grow by 75% annually, foreign companies that integrate into Korean platforms can multiply their global reach through re-exports. However, navigating Korea’s defence procurement landscape requires a deep understanding of certification, localisation and partnership dynamics.
Asian Insiders Korea Partner, Hannes Humala, outlines how foreign suppliers can successfully enter the market, form strategic partnerships and participate in Korea’s expanding defence value chain. Subscribe to Asian Insiders for expert insights on Asia’s biggest opportunities!
