South Korean firms are leveraging a combination of high-level deal-making across multiple administrations in Seoul, commercial technology, favourable government policies and industry appearances at arms fairs like the Association of the U.S. Army’s annual meeting in D.C. this week. US Studies Centre's Research Fellow Dr Peter Lee tells Joe Gould at the Defense News that South Korea’s rise is good news for the US as the Biden administration works, with an eye on Russia and China, to shore up allied and partner defence-industrial bases.

Dr Lee said, "With the prospect of a two-front war [in Europe and the Pacific] now feasible, the demand in Europe, the demand in Asia is just going to keep growing."