S. Korea Shifts Military Equipment Funding To Pandemic Relief

F-35
Credit: Lockheed Martin
South Korean military equipment acquisition spending will suffer from a shift in allocations from the defense budget to COVID-19 relief efforts. But the acquisition budget will still be higher than in 2019, government figures showed. And some of the money could not have been spent anyway because the...
Craig Caffrey

Craig works as a senior analyst on Aviation Week Network’s military and commercial forecast databases, specializing in military aircraft markets and…

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