Korean Defense Firms Report Record Profits Exceeding 3 Trillion Won
South Korea's major defense firms reported record combined operating profits exceeding 3 trillion won in their latest results, driven by the ongoing export boom. The Big Four defense firms (Hanwha Aerospace, Hyundai Rotem, KAI, LIG Nex1) are on track for combined revenue of 50 trillion won ($37.4B) in 2026.
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