Asia · Regional markets · Korea Economic Daily
SNT Motiv takes aim at South Korea’s ammunition market, challenging 60-year Poongsan dominance

Detailed summary
SNT Motiv Co., South Korea’s leading firearms manufacturer, is preparing to enter the ammunition market long dominated by Poongsan Corp., potentially bre ...
The South Korean military conducts a counter-drone drill in Incheon on Sug. 20, 2026 (Courtesy of Yonhap) Poongsan Corp.'s small attack drone has become the first domestically developed system of its kind to clear South Korea’s military performance tests, giving Seoul a path to field loca
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