The defense industry holds promising potential that could be a new growth engine of competitiveness with large-scale investments and integration of cutting-edge technologies.The advanced countries, including G7 and ex-communist countries, have been focusing on strategies to enforce their...

The Donald Trump administration is expected to continue increasing the U.S. defense budget during its term in order to implement one of the president’s campaign pledges: modernizing the U.S. military. Congress has passed a 717 billion USD defense budget with the National Defense Authorization...

The administration of U.S. president Donald Trump has emphasized modern military capability as a top priority, and the U.S. Congress has passed a nearly $700 billion defense appropriations bill in form of the National Defense Authorization Act of FY2018. As a result, investment in the...

Faced with the persistence of global recession, leading countries have gradually cut their defense budgets and reduced demands for defense acquisition. The prolonged EU financial crisis and the US fiscal cliff slowed the rise in global economic growth; Western nations have continued to cut their...

In the relentless pursuit of urban prosperity and sustainability, cities worldwide are undergoing transformative changes, spurred by the Fourth Industrial Revolution and digital transformation(DX). At the forefront of this evolution are Smart Cities, which leverage cutting-edge information and...