The chart shows South Korea's total military expenditure of which the core defence budget is part. Janes Defence Budgets forecasts that the country's total expenditure will grow to more than USD60 billion by the end of this decade. (Janes Defence Budgets)

South Korea has outlined plans to set aside about KRW30 trillion (USD21 billion) on enhancing its ‘three-axis' defence system over the next five years. The spending plan is a response to increasing North Korean missile and nuclear threats.

The three-axis defence programme – recently reinstated at the heart of the country's defence doctrine – intends to bolster the strike, air defence, and retaliation capabilities of the Republic of Korea (RoK) Armed Forces.

Speaking at a parliamentary audit session on 21 October, Shin Won-sik, who sits on the National Assembly's National Defense Committee, said KRW30.5 trillion will be allocated to 93 defence development and procurement projects aligned with the three-axis programme from 2023 to 2027.

This includes:

The chart shows South Korea's total military expenditure of which the core defence budget is part. Janes Defence Budgets forecasts that the country's total expenditure will grow to more than USD60 billion by the end of this decade. (Janes Defence Budgets)

South Korea has outlined plans to set aside about KRW30 trillion (USD21 billion) on enhancing its ‘three-axis' defence system over the next five years. The spending plan is a response to increasing North Korean missile and nuclear threats.

The three-axis defence programme – recently reinstated at the heart of the country's defence doctrine – intends to bolster the strike, air defence, and retaliation capabilities of the Republic of Korea (RoK) Armed Forces.

Speaking at a parliamentary audit session on 21 October, Shin Won-sik, who sits on the National Assembly's National Defense Committee, said KRW30.5 trillion will be allocated to 93 defence development and procurement projects aligned with the three-axis programme from 2023 to 2027.

This includes:

The chart shows South Korea's total military expenditure of which the core defence budget is part. Janes Defence Budgets forecasts that the country's total expenditure will grow to more than USD60 billion by the end of this decade. (Janes Defence Budgets)

South Korea has outlined plans to set aside about KRW30 trillion (USD21 billion) on enhancing its ‘three-axis' defence system over the next five years. The spending plan is a response to increasing North Korean missile and nuclear threats.

The three-axis defence programme – recently reinstated at the heart of the country's defence doctrine – intends to bolster the strike, air defence, and retaliation capabilities of the Republic of Korea (RoK) Armed Forces.

Speaking at a parliamentary audit session on 21 October, Shin Won-sik, who sits on the National Assembly's National Defense Committee, said KRW30.5 trillion will be allocated to 93 defence development and procurement projects aligned with the three-axis programme from 2023 to 2027.

This includes:

The chart shows South Korea's total military expenditure of which the core defence budget is part. Janes Defence Budgets forecasts that the country's total expenditure will grow to more than USD60 billion by the end of this decade. (Janes Defence Budgets)

South Korea has outlined plans to set aside about KRW30 trillion (USD21 billion) on enhancing its ‘three-axis' defence system over the next five years. The spending plan is a response to increasing North Korean missile and nuclear threats.

The three-axis defence programme – recently reinstated at the heart of the country's defence doctrine – intends to bolster the strike, air defence, and retaliation capabilities of the Republic of Korea (RoK) Armed Forces.

Speaking at a parliamentary audit session on 21 October, Shin Won-sik, who sits on the National Assembly's National Defense Committee, said KRW30.5 trillion will be allocated to 93 defence development and procurement projects aligned with the three-axis programme from 2023 to 2027.

This includes:

The chart shows South Korea's total military expenditure of which the core defence budget is part. Janes Defence Budgets forecasts that the country's total expenditure will grow to more than USD60 billion by the end of this decade. (Janes Defence Budgets)

South Korea has outlined plans to set aside about KRW30 trillion (USD21 billion) on enhancing its ‘three-axis' defence system over the next five years. The spending plan is a response to increasing North Korean missile and nuclear threats.

The three-axis defence programme – recently reinstated at the heart of the country's defence doctrine – intends to bolster the strike, air defence, and retaliation capabilities of the Republic of Korea (RoK) Armed Forces.

Speaking at a parliamentary audit session on 21 October, Shin Won-sik, who sits on the National Assembly's National Defense Committee, said KRW30.5 trillion will be allocated to 93 defence development and procurement projects aligned with the three-axis programme from 2023 to 2027.

This includes:

The chart shows South Korea's total military expenditure of which the core defence budget is part. Janes Defence Budgets forecasts that the country's total expenditure will grow to more than USD60 billion by the end of this decade. (Janes Defence Budgets)

South Korea has outlined plans to set aside about KRW30 trillion (USD21 billion) on enhancing its ‘three-axis' defence system over the next five years. The spending plan is a response to increasing North Korean missile and nuclear threats.

The three-axis defence programme – recently reinstated at the heart of the country's defence doctrine – intends to bolster the strike, air defence, and retaliation capabilities of the Republic of Korea (RoK) Armed Forces.

Speaking at a parliamentary audit session on 21 October, Shin Won-sik, who sits on the National Assembly's National Defense Committee, said KRW30.5 trillion will be allocated to 93 defence development and procurement projects aligned with the three-axis programme from 2023 to 2027.

This includes: