Oct 8, 2018 SOURCE: © CTO Data Services Co.
KOREA: DAPA ANNOUNCES NEW LOCALISATION REGULATIONS
South Korea’s Defence Acquisition Program Administration (DAPA) has introduced new regulations concerning the localisation of weapons systems. An unauthorized translation suggests that a mid-term evaluation requirement could lead to cancelled approvals and the reallocation of development opportunities.
The scope of the parts subject to localisation has expanded from import substitution to...
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