The Korea Defense Market Is Open – Here’s What U.S. Companies Need to Know Before They Walk In

Short summary

Korean defense exports hit $15.4B (+60% YoY) with deliberate strategy to acquire U.S. technology and partnerships. U.S. companies face opportunities in component supply, tech licensing, and Navy teaming, but must navigate ITAR and EAR export controls before engagement. Technology transfer is becoming a requirement, creating commercial opportunity alongside legal compliance obligations.

• •Korea's defense market grew 60% YoY to $15.4B, driven by NATO partnerships and U.S. component integration
• •U.S. companies must start with export control classification under ITAR/EAR before any business discussion
• •Technology transfer arrangements are now expected, offering long-term partnership opportunities for compliant suppliers

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