How is South Korean President Lee Planning Bold Defence and Aerospace R&D Investments by 2030?

Click to start listening
How is South Korean President Lee Planning Bold Defence and Aerospace R&D Investments by 2030?

Synopsis

South Korea is set to transform its Defence and aerospace sectors with bold R&D investments by 2030. President Lee Jae Myung's ambitious vision aims to secure technological independence and promote growth in the military-industrial complex. This strategic initiative not only enhances national security but also positions South Korea as a global Defence leader.

Key Takeaways

  • Significant R&D investments planned for Defence and aerospace by 2030.
  • Aim to position South Korea among the world's top Defence powers.
  • Focus on securing core technologies and weapon systems.
  • Promoting economic growth through the Defence industry.
  • Strengthening international Defence partnerships.

Seoul, Oct 20 (NationPress) South Korean President Lee Jae Myung announced on Monday that the government plans to make substantial investments in research and development (R&D) within the Defence and aerospace sectors by 2030. This initiative aims to bolster efforts in securing essential technologies and advancing sophisticated weapon systems.

During his opening address at the Seoul International Aerospace and Defence Exhibition (ADEX) 2025, reported by Yonhap News Agency, Lee reiterated the ambition to position South Korea among the world’s top four Defence powers.

“By 2030, we will allocate an extraordinary budget that exceeds expectations for Defence and aerospace R&D, enabling us to secure fundamental technologies and future weapon systems while developing capabilities for independent space endeavors,” stated Lee at the biennial Defence trade show held at KINTEX in Goyang, near Seoul.

In a session with Defence industry officials, Lee reiterated plans for a significant increase in R&D funding as part of broader strategies to enhance the arms industry and foster a self-sufficient military.

“It is astonishing that some still believe we cannot achieve self-reliant defence and must rely on others for our national security,” Lee emphasized, highlighting the need for the military to assume complete responsibility for national defence with additional support.

To improve export competitiveness, Lee underscored the necessity of integrating domestically developed weapons systems within the armed forces to validate their reliability and effectiveness.

He also advocated for the Defence industry as a vital driver of economic growth by increasing local production of parts and diversifying export markets, hoping that innovations in Defence would positively influence other high-tech sectors.

As part of broader initiatives to amplify Defence exports, Lee's chief of staff, Kang Hoon-sik, traveled to Europe on Sunday to strengthen partnerships within the Defence industry and expand South Korea’s arms exports.

Kang will deliver letters from Lee to various European nations seeking deeper Defence cooperation, as major decisions regarding large-scale arms acquisition programs are expected soon in the region.

Point of View

It is essential to recognize the strategic importance of President Lee’s commitment to enhancing South Korea's Defence capabilities. This initiative not only aims at securing national security but also focuses on fostering innovation that can lead to significant economic benefits through the Defence industry. The approach aligns with global trends towards self-reliance in military capabilities.
NationPress
20/10/2025

Frequently Asked Questions

What are the key goals of South Korea's Defence R&D investments?
The key goals include securing essential technologies, advancing weapon systems, and promoting self-reliance in military capabilities.
How much is South Korea planning to invest in Defence and aerospace R&D?
President Lee Jae Myung mentioned an unprecedented budget that will exceed expectations, although specific figures have not been disclosed.
What is the significance of the Seoul International Aerospace and Defence Exhibition?
The exhibition serves as a platform to showcase advancements in the Defence industry and to promote international cooperation in Defence technologies.
Why is domestic production of weapons systems important for South Korea?
Domestic production is crucial for demonstrating the reliability and performance of weapons systems, thereby enhancing export competitiveness.
What initiatives are being taken to boost Defence exports?
The government is focusing on strengthening partnerships with other countries and diversifying export markets to enhance Defence exports.
Nation Press