South Korea Defence and Security Report Q2 2014

Date: February 12, 2014
Pages: 95
US$ 1,295.00
Report type: Strategic Report
Delivery: E-mail Delivery (PDF), Download

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Despite Pyongyang calling for the creation of an atmosphere of reconciliation and unity on the Korean peninsula, Seoul has recently acted to bolster its security and defences against the North. Indeed, attuned to the North's reputation of engaging in a cycle of concessions followed by provocations, the South's decision to bolster border security was perhaps wise in the present context. This increase in border security complements various long-term defence projects aimed at enhancing South Korea's security in the face of an increasingly unpredictable and volatile North Korea.

A significant portion of defence expenditure funds are expected to go towards upgrading South Korea's missile defence system. The Korea Air Missiles Defence system (KAMD), or so called 'kill chain project' will see Seoul move from its German made PAC-2 missile system to the PAC-3 system produced by American contractor Lockheed Martin. This project is expected to set the Ministry of National Defence (MND) back by approximately US$26.4bn over the next five years.
BMI Industry View
South Korea Security SWOT
South Korea Defence & Security SWOT
Business Environment
Industry Forecast
Defence Expenditure
  Table: South Korea Defence Expenditure, 2012-2018
Armed Forces
  Table: South Korea Armed Forces ('000 personnel, unless otherwise stated) 2000-2009
Macroeconomic Forecast
Economic Analysis
China The Decisive Force
Northeast Asia - Taiwan To Bear The Brunt, But The Risk To Korea Is Rising
Southeast Asia: 'China-Plus-One' To Gain Traction
  Table: South Korea - Economic Activity
Industry Risk Reward Ratings
Asia Security Risk Ratings
  Table: Asia Pacific Regional Security Ratings
  Table: Asia Pacific State Vulnerability To Terrorism Index
South Korea Risk Reward Ratings
Market Overview
South Korea Defence Market Overview
Recent Developments
Armed Forces
Domestic Industries
  Table: Key Companies in South Korean Defence Industry
South Korea Security Market Overview
Domestic Threats
Regional Threats
International Threats
Company Profile
Daewoo Shipbuilding & Marine Engineering (DSME)
Doosan Heavy Industries & Construction
Korea Aerospace Industries (KAI)
Samsung Thales
Regional Overview
South Asia Security Overview
Global Industry Overview
Global Political Outlook
  Table: Election Timetable, 2014
Industry Forecast Methodology
Sector-Specific Methodology
Risk/Reward Rating Methodology
Sector-Specific Methodology
  Table: Security Risk/Reward Ratings Indicators
  Table: Weighting Of Indicators
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