The Next Challenge for K-Defense Growth Is 'Win-Win Cooperation'... Policymakers and Industry Join Forces

LIG Defense & Aerospace Announces Transition to Supply Chain Platform
Sharing On-Site Cooperation Cases

LIG Defense & Aerospace announced on the 29th that policy discussions for establishing a win-win ecosystem in the K-Defense industry have begun in earnest.

Key stakeholders attending the National Assembly policy seminar for establishing a K-Defense win-win ecosystem, held on the 29th at the National Assembly Members' Office Building, Room 8, are taking a commemorative photo. LIG Defense & Aerospace

The 'Policy Seminar for Building a K-Defense Win-Win Ecosystem' was jointly hosted by the offices of National Assembly members Kim Namgeun, Boo Seungchan, and Heo Seongmu, and organized by the Korea Defense Industry Association. The seminar was held that day in the 8th conference room of the National Assembly Members' Office Building.

Members of the relevant standing committees attended the seminar to discuss policy support measures for laying the foundation for sustainable growth in the K-Defense sector. The Defense Acquisition Program Administration, Ministry of SMEs and Startups, and the Agency for Defense Development presented the overall policy direction through keynote presentations.

From the industry side, LIG Defense & Aerospace, Firstec, and Dabeeo gave presentations sharing on-site cases and cooperation challenges. The comprehensive discussion was chaired and moderated by Lee Cheoljae, senior defense journalist at JoongAng Ilbo and Director of the Military Security Research Institute.

The Defense Acquisition Program Administration publicly released its policy direction that day, which includes the enactment of the 'Defense Industry Win-Win Cooperation Promotion Act' and the introduction of a win-win incentive system. The agency also presented a roadmap that includes creating five-year win-win cooperation plans and strengthening the project coordination system.

Lee Hyungseok, Director General of the Defense Industry Promotion Bureau at the Defense Acquisition Program Administration, stated, "It is necessary to establish a customized win-win cooperation system for the defense industry," adding, "We plan to pursue the enactment of related legislation within this year."

Jang Dongkwon, Head of Strategic Planning at LIG Defense & Aerospace, said, "We aim to move beyond being a system integrator and become a defense supply chain platform company, based on supply chain stability and technological advancement."

Park Joohum, CEO of Dabeeo, explained, "The sharing of know-how by system companies enabled AI venture technologies to expand into the defense sector."

This content was produced with the assistance of AI translation services.