This is the third edition of the KIET Korean defense industry statistics and competitiveness report in 2014. The main purpose of this report is to establish the basis of the Korean defense industrial statistics with an actual survey from 2008 to 2013. Moreover, it also includes the defense...

Countries undergoing economic transition in the early 1990s faced enormous challenges in the process of shifting from a centrally-planned economic system toward a market-based economy. During the transition period, large state sectors of the former Socialist countries in the Eastern bloc...

In May 2022, the new Yoon Suk-yeol government has presented a new goal for national defense dubbed the ‘AI Science and Technology Strong Force’, and announced that it will reform the overall defense R&D system so that civilian technology can be applied (spin-on) to defense in a timely...

The Moon Jae-In administration first promulgated a policy to support the Korean defense industry in the era of the Fourth Industrial Revolution (4IR) in its 2017 national agenda. In accordance with this, the Korea Defense Acquisition Program Administration (DAPA) announced 2018-2022 Defense...

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...