South Korea's Cheonryong missile project aims to develop a long-range air-to-ground missile by 2028, enhancing defense ...

The stock prices of Korean defense firms have been battered in recent days, as concerns grow that the fallout of President ...

South Korea's LIG Nex1 Co. said Tuesday it signed a memorandum of understanding (MOU) with the US-based Electroninks Inc. to ...

A steady increase in global expenditure, combined with growing geopolitical uncertainties has provided South Korean arms ...

SEOUL, Dec. 3 (Yonhap) -- LIG Nex1 Co., a major defense firm in South Korea, said Tuesday it has partnered with U.S.-based ...

The Minute to Read (Weekdays) series provides a quick overview of significant events in Korea everyday, conveniently ...

Ukraine wanted to buy weapons from South Korea that would help in the confrontation with the Russian army, but Seoul refused, ...

The chief of the state arms procurement agency has said Korean shipbuilders could seize new opportunities under U.S. President-elect Donald Trump's second term in areas ranging from naval maintenance ...

Defence stocks declined, with LIG Nex1 falling 8.7% and Hanwha Aerospace plunging 11%, tracking losses in U.S. peers. ** Of the total 939 traded issues, 487 advanced and 391 declined.

As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American ...