South Korean Arms for Canada and Poland: NATO’s Reserve Arsenal for Ukraine?
... (Hanwha Defense), and 23 thousand guided missiles for them, as well as 48 light FA-50 attack aircraft (Korea Aerospace Industries). The exact sum of the deal has not been named, but experts estimate it to be about USD 15 billion, which is the largest arms export contract in South Korean history. For comparison, in 2021, considered to be a successful year for the Korean military-industrial complex, the Republic of Korea exported only USD 7 billion worth of weapons. Fig. 1: The Republic of Korea’s transfer of the first 10 ...