South Korea's defense exports hit $15.4 billion in 2025, and the Export-Import Bank of Korea projects exports could exceed $27 billion in 2026. The Big Four defense firms (Hanwha Aerospace, Hyundai Rotem, KAI, LIG Nex1) are projected to reach 50 trillion won ($37.4B) combined revenue. Korea targets top 4 global defense exporter status.
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