South Korea's Defense Acquisition Program Administration (DAPA) has rolled out reforms to help local industry expand in domestic and international defence markets.
Announced on 7 January, the new measures emphasise on reducing the administrative burden on companies looking to enter the defence sector and on encouraging greater participation in military research and development (R&D) projects.
To support local firms' access to defence programmes, DAPA said foreign suppliers have been mandated to source parts from local firms and procurement guidelines have been eased to enable two or more companies to submit joint bids for contracts.
Hanwha Defense outlines K21-105 offer for the Indian Army
18 January 2022
by Parth Shukla
Hanwha Defense is offering the Indian Army its K21-105 light tank to meet a requirement outlined in an RFI in 2021. (Hanwha Defense)
South Korea's Hanwha Defense is preparing to offer the Indian Army a range of weapons and missions systems and local industrial involvement to support its bid to supply the service with its K21-105 light tank.
The company is offering the platform in response to an Indian Army request for information (RFI) issued in April 2021 to procure approximately 350 light tanks.
The FY 2022 National Defense Authorization Act (NDAA) passed by the US Congress could make it easier for some allied defence contractors to compete for US defence work. (Getty Images)
A provision in the newly enacted fiscal year (FY) 2022 National Defense Authorization Act (NDAA) could make it easier for certain allied defence contractors to compete for US defence work, according to a Republican aide to the US Senate Armed Services Committee.
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