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Analysis South Korean arms deals at risk as Poland struggles to secure funding“Polonization” of equipment in jeopardy as new government inherits unclear financing for multibillion-dollar contracts Poland’s military modernization plans, which include significant arms deals with South Korean defense contractors, face substantial risks due to funding challenges and potential delays in the “Polonization” of equipment. Despite the country’s commitment to reaching a defense spending target of 3.1% of its gross domestic product by 2024, surpassing the 2% goal set by North Atlantic Treaty Organization (NATO) member states, the current Polish government must address the lack of clarity surrounding the funding of these purchases. The previous government signed arms deals worth up to $13.7 billion with South Korean defense contractors, earning Warsaw the title of a “ © Korea Risk Group. All rights reserved. |





