Korea Defense Exports Projected to Exceed $27B in 2026
South Korea's defense exports hit $15.4 billion in 2025, and the Export-Import Bank of Korea projects exports could exceed $27 billion in 2026. The Big Four defense firms (Hanwha Aerospace, Hyundai Rotem, KAI, LIG Nex1) posted record combined revenue of 40.45 trillion won in 2025. Korea targets top 4 global defense exporter status.
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