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Defense R&D Agency Estimates 69.7 Billion Won Economic Impact Over 55 Years

The report underscores that ADD-developed weapons systems account for 43 percent of overseas sales, propelling South Korea into the top eight of global defense technology rankings.

This image, provided by the state-run Agency for Defense Development on Aug. 18, 2025, shows a report on its history of defense development. (PHOTO NOT FOR SALE) (Yonhap)

Overview

  • The Agency for Defense Development’s 55th-anniversary report quantifies a cumulative economic impact of 69.7 billion won from 303 weapons systems developed since 1970, including 146 deployed by the military.
  • ADD-developed systems comprise 43 percent of South Korea’s overseas defense exports from 2008 to 2025, out of roughly 60 trillion won in total contracts.
  • The Cheongung-II medium-range surface-to-air missile and the K9 Thunder self-propelled howitzer emerge as the agency’s top export earners.
  • A separate government assessment ranks South Korea’s defense technology capabilities eighth in the world.
  • ADD reports that its R&D investment—totaling approximately 65 trillion won—has fostered around 380,000 jobs, reduced reliance on imported systems and driven broader technology spillovers.