The 2025 budget is funding South Korea's Three Axis system which includes “425 Project” satellites, the first of which was launched in April 2024.
Credit: SpaceX
The South Korean government recently submitted its defense budget proposal for 2025, requesting a 3.6% increase in spending over the previous year. While representing a further boost to military spending, the increase is below the average 5.1% growth seen over the last decade and is likely to...
Subscription Required
Budget Brief: South Korea's Defense Spending Growth Slows is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.
Not a member? Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.
Related Content
