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Analysis Trump’s return forces South Korea’s defense industry to adapt to new realitiesDemands on NATO, shifting Gulf priorities and US protectionism threaten arms export successes but create opportunities Donald Trump’s impending return to the White House in January could drastically reshape the global defense industry, testing the adaptability of South Korea’s burgeoning arms sector. Trump’s emphasis on burden-sharing among allies and an America First policy in defense procurement will create new opportunities but also challenges, leading to increases in global defense spending but also heightened competition in regions like Europe and the Middle East. For South Korean defense firms, which have made significant inroads into global markets, adapting to the shifting dynamics will be crucial to sustaining growth. EUROPE: OPPORTUNITIES AND COMPETITION Trump’s anticipated demand for NATO countries © Korea Risk Group. All rights reserved. |





