Defense Acquisition Program Administration

Hanwha Group, South Korea’s chemicals-to-defense conglomerate, is working to bolster its secondary battery manufacturing equipment business wi...

The number of foreign visitors to South Korea spiked 158.3% to 1.23 million in October from the month previous, the Korea Tourism Organization said ...

South Korea’s defense sector is enjoying booming demand from countries across the world that are cutting their reliance on Russian weapons, of...

South Korea is set to increase its visa quota for non-professional foreign workers to a record high and expand the sectors in which they can work to...

Hyundai Motor Group announced on Tuesday it spun off three in-house startups Eficar, Hcharge Lab, and 3I Solution. Eficar provides a service th...

Hanwha Systems Co., the defense and air mobility unit of Hanwha Group, will develop technology that will pave the way for the development of Korea-m...

South Korea's medical AI company Lunit announced on Friday it will participate in the US President Joe Biden's cancer-conquering project Cancer Moon...

South Korea’s artificial intelligence technology startups Allganize Inc. and Neurophet Inc. raised about 47 billion won ($35 million) in total...

Korea Aerospace Industries Ltd. (KAI) announced on Monday it has participated in Defense & Security 2023 exhibition in Bangkok, ThailandThe comp...

South Korea's Hanwha Ocean Co. will participate in Defense & Security (D&S) 2023 in Bangkok, Thailand. The company said on Thursday it ...

Seoul-based brokerage firm Korea Investment & Securities Co. (KIS) has raised $400 million in new bonds to strengthen its investments in the US ...

BARCELONA -- Samsung Biologics Co., the world’s top contract manufacturing organization by capacity, is looking for acquisitions of new drugma...

South Korea's AI service specialist company ESTsoft Corp. announced on Tuesday it has signed an education content supply contract with LG Energy Sol...

South Korea's Hanwha Aerospace Co. announced on Monday it signed a memorandum of understanding (MOU) with the Korea Automotive Technology Institute ...

Johnson & Johnson, a global pharmaceutical giant, showed more interest in South Korean bio startups with competitive innovation despite the rece...

South Korea’s poultry processing company Harim Group is set to sell off all its Hanjin KAL Co. shares its affiliate owns to secure capital for...

The war in Israel and Gaza, which has paralyzed some parts of the Middle East, is also set to put a complete stop to South Koreans’ tours of t...

South Korean trading firm SK Networks Co. announced on Friday that it has completed the acquisition process of en-core, a leading data solutions and...

South Korea's LIG Nex1 Co. announced on Thursday that it has signed a memorandum of understanding for the future space, defense cloud transition wit...

The online money and points of South Korea's Naver Pay, an affiliate of the country's largest web portal Naver Corp., can now be used at offline sto...

South Korea's KT Corp. is partnering with the intelligent solutions specialist company BI Matrix to develop technology that uses artificial intell...

Dongwon Group, South Korea’s leading seafood and logistics conglomerate, has vowed to acquire HMM Co., the country’s top container ship ...

South Korea’s SK C&C on Tuesday signed an agreement to offer employee healthcare management programs to companies with digital healthcare ...

South Korea's Hanwha Aerospace Co. announced on Tuesday that it will unveil the latest model of its K9 self-propelled howitzer, the K9A2, at the Def...

SKC Ltd., a South Korean chemical materials company, said on Monday it will take part in a series B round of investment in Chipletz, a US fabless su...

SK Rent-a-Car plans to overhaul its existing fleet of internal combustion engine vehicles in favor of electric cars. The company aims to capitalize ...

South Korea's digital solutions provider SK C&C will open a master’s degree program at Yonsei University in Seoul to develop experts in di...

Korea Aerospace Industries Ltd. (KAI) announced on Wednesday that it is participating in the MSPO International Defence Industry Exhibition in Kielc...

Kia Corp. on Tuesday announced its participation in the MSPO International Defence Industry Exhibition in Kielce, Poland. This marks Kia's firs...

Samsung Electronics Co. has committed $3.7 million to University of Texas at Austin’s Cockrell School of Engineering to educate talent and boo...