SEOUL, BEIJING—The South Korean defense ministry is proposing a 20.7% surge in the budget for indigenous weapon development in 2020, with the Korea Aerospace Industries (KAI) KF-X program a key reason for the rise. The 3.90 trillion won ($3.21 billion) of proposed development funding would be part of a defense budget of 50.15 trillion won, up 7.4% on 2019, according to the ministry’s request. Acquisition and development together should total 16.69 trillion won, the ministry ...

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