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South Korea's Moon urges defense industry growth

Josh Smith and Hyonhee Shin (Reuters) (The Jakarta Post)
Seongnam, South Korea
Thu, October 21, 2021 Published on Oct. 21, 2021 Published on 2021-10-21T00:08:18+07:00

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South Korea's Moon urges defense industry growth

S

outh Korea should redouble its efforts to become a global defense industry leader, President Moon Jae-in told a military expo in the outskirts of Seoul on Wednesday, after landing at the site in an air force fighter jet.

Clad in a flight suit, Moon arrived at the biennial Seoul International Aerospace & Defense Exhibition (ADEX) in the back seat of an FA-50 Golden Eagle jet fighter, South Korea's first indigenous supersonic aircraft and a major defense export.

The military display came a day after North Korea test fired a ballistic missile from a submarine. Last week North Korea opened a defense exhibition of its own, where leader Kim Jong-un said his country's military developments were for self-defense and accused South Korea of destabilizzing the peninsula with an arms buildup.

In his speech on Wednesday, Moon defended the South's increasingly sophisticated military as necessary for peace.

"The goal of building strong defense power is always to foster peace," he said.

Amid glittering displays of drones, sniper rifles, helicopters, missiles, and other weapons, crowds of company representatives, diplomats, and South Korean troops mixed with military delegations in an array of foreign uniforms.

At least 440 companies from 28 countries are participating in what organizers said was the largest ADEX ever. About 300 government, military and defense acquisition officials from 45 countries were expected to attend the event, which lasts through Saturday.

Moon said it was time for South Korea's arms industry to become a global leader.

Pointing the FA-50, he praised South Korean technology.

"I could feel the dashing dignity of the FA-50, which we've developed with our own technologies," Moon said.

South Korea plans to spend more than 80 percent of its acquisition budget on domestic supplies and to quadruple support for parts localization by 2026, with a focus on areas that could shape future wars, including AI, drones, robotics and space, he said.

"We envision a smart yet strong military based on advanced science and technology, and promote peace together with the international community," Moon added.

South Korea's arms exports from 2016 to 2020 were 210 percent higher than from 2011–2015, according to Stockholm International Peace Research Institute data. It is also one of the largest arms importers in the world, buying major weapons systems such as American-made F-35 Lightning II stealth fighter jets in recent years.

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