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GLOBAL RESEARCH ARCHIVE

Korea Defense What’s new in Korea defense? Recent correction a good entry point; US Navy’s LT plan calls for increased role of foreign shipyards

Published: 2026-05-15Institution: JPMorganPages: 15Original language: 英语Evidence page: 2

Research evidence excerpt

Korea Defense What’s new in Korea defense? Recent correction a good entry point; US Navy’s LT plan calls for increased role of foreign shipyards

tiny. At the center of the debate is the Infantry

Fighting Vehicle (IFV) programme—the largest component of the SAFE framework,

accounting for roughly one-third of its total value—which continues to raise questions over

pricing, localisation, and procurement structure. (Defense Industry Europe)

Hanwha highlights unmanned, AI defense systems in Romania (12 May)

Hanwha Group will showcase next-generation unmanned and artificial intelligence-based

military systems at a defense exhibition in Romania this week, as it seeks to deepen

partnerships in Europe and expand its presence across EU and NATO markets. Hanwha said

Tuesday that its key defense affiliates will participate in the Black Sea Defense & Aerospace,

or BSDA 2026, which will take place from Wednesday to Friday at Romaero in Bucharest.

The biennial event is one of the largest defense exhibitions in the Balkans. Under the theme

“Built with Romania, Ready for NATO,” Hanwha Aerospace will present its unmanned

ground vehicle portfolio, including the GRUNT wheeled platform and the THeMIS-K

tracked system, along with land and air defense solutions. (Ajupress)

Hanwha Aerospace expands Norwegian industrial cooperation through second

industry day in Oslo (12 May)

Hanwha Aerospace hosted its second Hanwha Industry Day in Oslo on May 11 as part of

efforts to strengthen cooperation with Norway’s defence industrial sector. The event was held

at the headquarters of Innovation Norway and followed the inaugural session organized in

February 2025. The Industry Day focused on expanding industrial partnerships linked to the

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