The defence stock had already rallied 26% in the previous session and jumped nearly 30% on March 3. In five trading sessions, ...
As the Iran war spreads to the airspace of neighboring nations, air defense systems are put to the test, potentially inducing a stockpile shortage that Korean firms could fill.
South Korean defense stocks surge as Iran war escalates. Hanwha, LIG Nex1 jump while Kospi drops nearly 5%. Middle East ...
Defense stocks in South Korea and Singapore rallied Tuesday on expectations of stronger security demand in the Middle East, as the conflict involving the U.S., Israel and Iran entered a third day.
Shares of defense companies surged and hit a series of record highs following the aftermath of airstrikes by the United States and Israel on Iran. As ...
Iran has threatened to set oil and gas infrastructure in the Middle East “on fire” if its energy sites are attacked.
SEOUL: The United Arab Emirates has asked South Korea to expedite delivery of its Cheongung-II interceptor missile system, an official at Seoul's arms procurement agency confirmed Friday (March 6), as ...
South Koreas Cheongung-II Intercepts Iranian Missiles in UAE Combat Debut Domestically developed M-SAM system achieved over 90% interception rate in first combat use, part of $3.5 billion UAE contract ...
The Middle East conflict is escalating on multiple fronts with Iran launching new attacks on global energy supplies and neighbors as Israeli warplanes pummel Beirut. Follow for live updates ...
As Iranian forces launched retaliatory strikes across the Middle East following Saturday's U.S. and Israeli airstrikes on ...
South Korea’s domestically produced air defense weapon, the “Cheongung-II,” has proven its performance in the Iran war, prompting foreign media to highlight the country’s defense industry. The ...
British F-35B fighter jets shot down two UAVs in Jordan; South Korea considers UAE's emergency weapons request.