Yearly Archive: 2022

The government will earmark 57 trillion and 126.8 billion won to the defense budget for 2023, an increase of 4.6% compared to the main budget for 2022, and submit it to the National Assembly on September 2.

Despite the trend of a high level of sound fiscal management, the government has focused…

China’s third aircraft carrier has started mooring trials, the country’s state broadcaster announced on Friday. This indicates smooth progress for the carrier’s construction and tests since its launch in June, analysts said.

Celebrating the upcoming 10th anniversary of the commissioning of the co…

In the near future, the Ministry of Defense will submit a special law to the comments procedure that will simplify and make the state defense financing system more efficient. The law brings the following three fundamental changes: the law establishes a minimum amount of defense spending of 2% of GDP…

The Department of Defense (DoD) has transmitted the President’s Budget 2023 comprehensive annual Selected Acquisition Reports (SARs) to Congress.

SARs summarize the latest estimates of cost, schedule, and performance status for Major Defense Acquisition Programs (MDAPs) and Middle Tier of Acquisi…

PARIS — Sébastien Lecornu, Minister for the Armed Forces, traveled to Berlin this Thursday, September 22, for his first official visit to Germany, at the invitation of the Federal Minister of Defence, Ms. Christine Lambrecht.

This bilateral meeting was held at a key moment, in view of:

— th…

TUCSON, Ariz. — Raytheon Missiles & Defense, in partnership with Northrop Grumman Corporation, has been selected to develop the Hypersonic Attack Cruise Missile for the U.S. Air Force (USAF).

HACM is a first-of-its-kind weapon developed in conjunction with the Southern Cross Integrated Flight …