Naval Warfare

South Korea increases defence budget and pumps out patrol boats

24th December 2019 - 10:06 GMT | by Gordon Arthur in Christchurch

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Domestic shipbuilders continue to produce multiple new vessels for the Republic of Korean Navy (ROKN), even as the Ministry of National Defense (MND) announced a 7.5% defence budget increase for 2020.

After approval from the National Assembly in December, military spending in 2020 will rise to KRW50.15 trillion ...

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