South Korea to hold largest defence show in bid to boost global sales
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SEONGNAM – South Korea will kick off its largest-ever defence exhibition this week, as the country seeks to turbocharge its arms sales and showcase a rare appearance by a US nuclear-capable bomber.
The biennial Seoul International Aerospace and Defence Exhibition opens its doors on Tuesday.
Organisers say there will be more companies than ever taking part, and an unprecedented fly-by from a US B-52 bomber, which will make a rare landing at an airbase elsewhere on the Korean peninsula.
The show in 2023 is designed to help South Korea reach its goal of becoming the world’s fourth-largest arms exporter, Mr Lee Jong-ho, chief of the organising office, told a briefing on Monday.
More than 450 senior defence officials from 54 countries are expected to attend, along with hundreds of thousands of other professionals and members of the public, he said.
“This is an opportunity for South Korea’s defence industry to draw international attention and take a giant leap forward,” Mr Lee added.
The South Korean government has set a goal of reaching US$20 billion (S$27.4 billion) in defence exports in 2023, after sealing a record US$17.3 billion in arms sales in 2022, including huge deals with Poland for tanks, howitzers, warplanes, and rockets.
South Korea has been roughly ninth in the world for defence exports in recent years, but President Yoon Suk-yeol has called for it to improve.
At a South Korean military airbase south of the capital Seoul on Monday, exhibitors made final preparations as participants in early events wandered among South Korean and US military vehicles and warplanes on the tarmac, including advanced American stealth F-22 and F-35 aircraft.
To commemorate the 70th anniversary of South Korea’s alliance with the United States, the show will feature a larger than usual display of American military power, including the B-52 flight, said US Air Force Colonel Charles Cameron.
Model military vehicles are displayed at a booth for Hanwha Aerospace during the 2023 Seoul International Aerospace and Defense Exhibition in Seongnam, South Korea, on Oct 16.
PHOTO: REUTERS
Under Mr Yoon, South Korea and the US have stepped up displays of strength, particularly US nuclear-capable assets, in an effort to deter North Korea.
In September, South Korea staged a rare military parade in which thousands of troops and South Korea’s home-grown tanks and self-propelled artillery were joined by 300 of the 28,500 US soldiers based in the country.
Meanwhile, a South Korean activist group has said that it planned to protest against the event, calling the arms trade a “parasite” that benefits from the suffering in places such as Ukraine and the Israeli-Palestinian conflict zone. REUTERS
