12/08/2021

South Korea increases budget for procurement of indigenous UAVs

South Korea increases budget for procurement of indigenous UAVs – Link

Source: Jane’s

Article Headlines
  • The South Korean government plans to increase its budget for the procurement of locally developed UAVs more than sixfold within a year – from KRW6.2 billion (USD5.3 million) in 2021 to KRW37.5 billion in 2022 (USD32.2 million).
  • This is part of efforts to help the domestic UAV industry ‘have stable demand for growth’.
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