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Top Defense Contractor Companies in South Korea

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1 company for Defense Contractor in South Korea

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National Security Research Institute (NSRI)'s Logo

National Security Research Institute (NSRI)

Daejeon, South Korea

A

- Employees

2000

Key takeaway

The National Strategic Research Institute (NSRI) is a key player in defense contracting, serving as a University Affiliated Research Center (UARC) designated by the DOD. It provides essential engineering, research, and development capabilities, focusing on strategic deterrence and national security through comprehensive research and training.

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National Strategic Research Institute

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Information about Defense Contractor in South Korea

When exploring the Defense Contractor industry in South Korea, several key considerations come into play. First, the regulatory environment is crucial, as South Korea has strict laws governing defense procurement and export controls. Understanding these regulations is essential for compliance and successful operations. The competitive landscape is also noteworthy, with major players like Hanwha Defense and Samsung Thales dominating the market, alongside smaller firms that often specialize in niche technologies. Opportunities abound due to South Korea's increasing defense budget and emphasis on modernization, driven by regional security threats and alliances, particularly with the United States. However, challenges exist, including the need for advanced technology and innovation to stay competitive in a rapidly evolving global market. Environmental concerns are gaining attention as well, with an increasing focus on sustainable practices within the defense sector. Lastly, global market relevance is significant, as South Korean defense contractors are actively seeking partnerships and exports, making it vital for newcomers to understand international trends and collaborations. Being aware of these factors will provide a comprehensive foundation for anyone interested in engaging with the South Korean defense contracting landscape.


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Country with most fitting companiesSouth Korea
Amount of suitable service providers1
Oldest suiting company2000
Youngest suiting company2000

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Based on our calculations related technologies to Defense Contractor are Space Technologies, Military, Commercial Aviation, Airport Security

The most represented industries which are working in Defense Contractor are Research

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