One of Yoon Seok-yeol’s first priorities as president will be determining South Korea’s defense priorities at a time when the country faces significant challenges: North Korea continues to test missiles and is readying a potential seventh nuclear test, and U.S.-China competition is heating up in the region.

Indeed, Yoon kicked off his term in office with a military briefing at midnight on May 10. Setting those priorities will have far-reaching effects on defense acquisition, and the Moon administration’s controversial light aircraft carrier program— often referred to as CVX — will likely be an early victim of reoriented priorities.