4 S. Korean defense companies listed among world's top 100 defense firms
WASHINGTON, Aug. 31 (Yonhap) -- Four major South Korean defense companies have r...
Washington, August 31 (Yonhap) - Four prominent South Korean defense corporations have been included among the world's top 100 defense firms, according to a report released by a U.S. defense news outlet on Monday. The list, compiled by Defense News, highlights the nation's efforts to expand its defense exports.
The roster of top defense companies features four American entities, namely Lockheed Martin, RTX, General Dynamics, and Northrop Grumman, securing the top four positions. South Korean firms Hanwha, LIG Nex1, Hyundai Rotem, and Korea Aerospace Industries (KAI) occupy ranks ranging from 16th to 74th.
Hanwha is positioned at 16th place on the list, with its 2025 defense revenue reaching approximately US$10.44 billion, a significant improvement from its 22nd-place ranking last year. LIG Nex1 claims the 52nd spot, with a defense revenue of about US$3.03 billion, slightly bettered its previous 53rd-place ranking. Hyundai Rotem has climbed to 61st place, up from 67th place, while KAI is ranked 74th, a decrease from its previous 62nd place.
South Korean defense companies have managed to secure a spot on the Top 100 Defense Companies list for the second consecutive year, showcasing their growing prominence in the global defense industry.
Written by urgent.news from Yonhap News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
