South Korea has become a major player in the defense industry, with exports of artillery, tanks, surface-to-air missiles, jet fighters, and other military hardware potentially surging to over $21 billion this year.
South Korea cracked the top ten list of military exporters in 2022 with a landmark sale to Poland after Russia invaded Ukraine, and is projected to reach Number Three in the coming year.
One of South Korea’s hottest products is the K9 “Thunder” self-propelled 155mm howitzer, which Poland became very interested in acquiring after Russia rolled into Ukraine. Other countries menaced by Russia quickly followed Poland’s lead, while India decided those howitzers might come in handy against China someday.
A deal currently in the works with Vietnam could make it the
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