South Korea’s Ministry of National Defense unveiled on Tuesday its “2024-2028 Defense Mid-term Plan,” a strategic blueprint for advancing its military capabilities over the next five years. The plan proposes a total budget of $265.6 billion (348.7 trillion won). This budget allocation aims to enhance defense capabilities, particularly against evolving security challenges such as North Korea’s nuclear missile program and unmanned aerial vehicle threats.

Key aspects of the plan include bolstering the three-axis defense system, modernizing military infrastructure and improving the working conditions for junior officers. Additionally, the plan maintains a standing force of 500,000 troops, focusing on efficiency and strategic unit reorganization to support advanced military operations.