ROK’s carrier project is delayed, no funding in the budget
ROKN’s desire to have an aircraft carrier seems to have been delayed. The multi-billion project, CVX, has not been included in the allocation of defence budget.
cvx News
Navy / Maritime
Global Defence Trend Brief
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- 09:00 UK targets pooled NATO funding for long-range strike initiative - Britain is seeking access to around $50 billion in pooled NATO funding for a new long-range strike i...
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- 09:00 Japan fast-tracks autonomous interceptor drones - Japan is preparing demonstrations of autonomous interceptor drones with the goal of accelerating acq...
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- 09:00 EU advances five cross-border defence projects for common funding - The European Commission has proposed five large-scale cross-border defence projects that could acces...
- 09:00 NATO moves drone procurement toward continuous technology refresh - The Alliance's Drone Edge approach combines counter-drone investment, rapid procurement and a fivefo...
- 09:00 THAAD production expansion underlines interceptor inventory pressure - Lockheed Martin's contract worth more than $35 billion to expand THAAD interceptor production reflec...
