East Asia’s armsmakers are on the rise

2025-03-20T14:31:29.711Z

Demand at home and abroad is fuelling their growth

This month a group of South Korean defence-industry bosses and government officials visited Ottawa. Their pitch: howitzers, rocket-launchers and submarines for the Canadian armed forces. They are not the only East Asians taking advantage of the global rush to rearm, not least among America’s suddenly nervous allies. Japanese firms are also finding plenty of eager buyers.

This article appeared in the Business section of the print edition under the headline “Boom time”

From the March 22nd 2025 edition

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Source: https://www.economist.com/business/2025/03/20/east-asias-armsmakers-are-on-the-rise