What Happened
Domestic Firms Struggle With Insufficient Military Procurement
South Korea has allocated 5.2 billion won for attack drones in its 2027 budget, a move that may not be enough to support the growth of domestic companies in this sector. Despite the government positioning attack drones as a key force for future warfare, the limited funding has left many domestic firms struggling to survive. The situation is further complicated by North Korea’s mass production of attack drones, which has raised concerns about the country’s defense capabilities. This development was reported by MoneyToday.