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영어

The defense industry is the central axis of national security, and the key element of military power buildup. It can also contribute to the national economy through defense exports and job creation. Because of a sharp increase in the defense exports for our country, they exceeded $30 billion in 2013. However, companies in the defense industry in South Korea are embroiled in a tough competition in the global defense market. Moreover, the domestic defense industry is less competitive than that of developed countries. This is caused by South Korea’s domestic-oriented business structure and lack of support for exports. Therefore, this study suggests strategies for increasing South Korea’s defense industry exports using a SWOT analysis. The SWOT analysis showed that government support is an essential element of our defense exports, because the government must develop the G to G deal and the offset and export financing system.