Yeah, just very dry with a lot of facts, which is to be expected of a financial analyst. He recently posted this, about a broader overview of things:
He’s only posted one dedicated video concerning the Korea stuff, but it was interesting. He’s mentioned it in other videos.
Since 2022, global demand in the arms market has expanded rapidly as many countries rush to restock on systems and munitions as well as adopt new technologies that were increasingly proving their worth in Ukraine. In that environment, the Republic of Korea has become an increasingly prolific arms exporter, with the Korean defence industry working to sustain not just the ROK Armed Forces, but also inking major contracts with buyers from the Asia Pacific to Europe.
So following an invitation from the organisers of Korea's largest Defence Exhibition, the Korea Army International Defence Industry Exhibition (KADEX), I thought it was time for something a little different this week.
Join me for a bit of a Perun road-trip, as we look at range of Korean and international systems, the themes emerging from the event, and what it might indicate about the evolving defence market, and the RoK's role in it.
Thousands of booths, tens of thousands of attendees, and one Aussie trying to bring you an inside look at it all. Thanks again to the organisers, my translator, and those who accepted (sometimes very long) interviews over the course of the event.