U.S. plans to reduce troop levels

U.S. plans to reduce troop levels in South Korea are prompting talk that Seoul will increase its defense spending more than expected in Fiscal 2005. Won Jang-hwan, director of the Acquisition Policy Bureau, says the Ministry of Defense will seek a 13.4% increase next year, or 21.4 trillion won ($18...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.