K-Defense exports hit $20B+ in 2024. Korea jumped from 9th to 4th globally. Hanwha Aerospace market cap: $50B.
Why Korea wins: 80-90% Western performance at 60-70% price. 1-2 year delivery vs 3-5+ years Western. Aggressive tech transfer. Combat-proven.
Poland mega-deal: $20B+ (1000 K2 tanks, 672 K9 howitzers, 48 FA-50 fighters, 288 Chunmoo MLRS).
AI is the next edge: Hanwha ACMS battlefield AI, autonomous drones with AI target recognition, AI cyber-EW systems.
Government target: $30B by 2030.
Full analysis blog.smeuse.org/posts/korea-defense-ai-boom

