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A Quiet Arms Race Is Rapidly Heating Up Between the Two Koreas

Apr 19, 2021 - The New York Times
Mergers and Acquisitions

The buildup over the last few years has threatened the delicate balance of peace on the Korean Peninsula.

The buildup over the last few years has threatened the delicate balance of peace on the Korean Peninsula.

SEOUL — Pride and jealousy have driven North and South Korea to engage in propaganda shouting matches and compete over who could build a taller flagpole on their border. Now that one-upmanship is intensifying a much more dangerous side of their rivalry: the arms race.

Earlier this month, South Korea’s dream of building its own supersonic fighter jet was realized when it unveiled the KF-21, developed at a cost of $7.8 billion. The country also recently revealed plans to acquire dozens of new American combat helicopters. When President Moon Jae-in visited the Defense Ministry’s Agency for Defense Development last year, he said South Korea had “developed a short-range ballistic missile with one of the largest warheads in the world....