[Yang Nak-gyu's Defence Club] Continuous Praise Following K-Defense Export Success
[Asia Economy Yang Nak-gyu, Military Specialist Reporter] An analysis has emerged that domestic defense companies are achieving results by targeting niche markets in the international arena. Recently, the Korean defense industry signed a large-scale basic contract for weapon supply with Poland, highlighting that Korean-made weapons are emerging as a cost-effective alternative in the global defense market.
On the 2nd (local time), Bruce Bennett, a senior researcher at the U.S. military think tank RAND Corporation, appeared on the Voice of America (VOA) broadcast and analyzed, "Korea is achieving results by targeting niche markets in the international defense market."
He stated, "Since the 2000s, Korea has actively pursued the defense market and adopted a strategy of providing alternatives to countries that find it difficult to purchase expensive U.S. equipment, instead of directly competing with market-leading countries like the U.S." He added, "Poland chose the FA-50, which can be purchased in greater numbers within the given budget compared to the F-35, and plans to buy the K2 tank, which is less expensive than the U.S. M1 tank."
Earlier, the Polish Ministry of Defense announced on the 27th of last month that it had signed a basic contract with Korea Aerospace Industries (KAI), Hyundai Rotem, and Hanwha Defense to introduce the FA-50, K2 tank, and K-9 self-propelled howitzer.
The reason Poland is moving to early large-scale weapon procurement is due to power gaps caused by supporting Ukraine, which is at war with Russia. Initially, Poland was known to have prioritized the introduction of U.S. aircraft and German tanks, but ultimately chose Korean-made products.
Mariusz Błaszczak, Poland’s Deputy Prime Minister and Minister of Defense, said at the signing ceremony, "Due to Poland’s support for Ukraine, we had to fill gaps in ground and air power," adding, "Considering technology, price, and delivery timing, Korean weapon systems were the most suitable." He further stated, "In the case of the K-9 self-propelled howitzer, its technology is internationally recognized, which led to a quick decision on procurement."
The FA-50 will be initially delivered with 12 units by mid-2023, and Poland plans to receive a total of 48 units later. This is the first time a Korean-made military aircraft has entered the European market. KAI recently announced plans to use this export as a stepping stone for full-scale entry into the European market, where demand for light attack aircraft has significantly increased due to the Ukraine war. Most European countries operate former Soviet MiG-29 fighters or Italian M-346 attack aircraft, but their operational rates have reportedly fallen below 50% due to unstable parts supply.
Military experts evaluate that Korean-made weapons are not of inferior quality just because they are relatively inexpensive.
Bruce Bectol, a military expert and professor at Angelo State University in the U.S., explained, "When governments purchase weapons, price is only one consideration among many. They carefully examine how the weapon system to be purchased integrates with their military infrastructure, whether future procurement is feasible without issues, and whether after-sales support systems are well established."
He emphasized that Poland, which is pursuing the introduction of Korean-made weapons this time, is a member of the North Atlantic Treaty Organization (NATO), stating, "The fact that Korea sells weapons to NATO member countries shows how advanced Korean weapon systems have become."
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- Bull Market End Signal? Securities Firm Warns: "Sell SK hynix 'At This Moment'"
- "Greater Impact on Women Than Men"... The 'Diet Trap' That Causes Sleepless Nights and Suffering
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
Professor Bectol predicted, "This means Korean weapon systems are also highly portable, and we will hear more news about Korean-made weapon exports in the future."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.