Sejong Law Firm, led by Managing Partner Oh Jong-han, announced on October 2 that it will host the 'Gyeongnam-Changwon Defense Industry Forum' in collaboration with the Korea Defense Industry Association (KDIA) on October 6 at 2 PM at the Changwon Convention Center (CECO) Room 301.
As K-defense exports have rapidly increased, the role of small and medium-sized enterprises supplying parts and materials has become more significant. Additionally, defense-related regulations are being amended frequently, and government support systems are diversifying. Consequently, it is crucial for small defense companies to respond promptly to changing legal regulations and effectively utilize government support systems to maintain competitiveness.
The forum will address the theme 'Conditions for Survival and Growth of Defense Companies: Legal & Support – Practical Guide to Regulatory Responses and Government Support Systems.' It aims to explore the legal risks and challenges faced by companies in the Gyeongnam-Changwon region, which is home to many ground and maritime defense system companies and their partners. Following the first Gwanghwamun Defense Forum held in April in Seoul, this event will be a direct engagement with local defense companies, with over 100 attendees expected, including Shin Sang-beom, Director of the Defense Technology Quality Agency, and representatives from local defense companies and the KDIA.
The event will be moderated by Attorney Kim Young-hoon, head of the Sejong Defense and National Security Team. It will open with remarks from Kim Jeong-soo, a senior advisor and former Chief of Naval Operations, and a welcome address from Lee Chang-sik, Executive Director of the KDIA. Video congratulatory messages will also be delivered by National Assembly members Kang Seon-young and Bu Seung-chan.
In the first session, Attorney Kim Young-hoon will present on 'Latest Amendments to Defense Regulations and Response Strategies,' outlining key aspects of recently amended defense-related regulations and practical responses for companies.
The second session will feature Lee Kyung-hoon, head of the Small and Medium Defense Enterprises Support Division at the Defense Acquisition Program Administration, who will discuss 'National Support Systems and Policies for Small Defense Enterprises.' The final session will be led by Professor Yang Min-soo from Hanbat University, who will present on 'Maritime Defense Industry in the New Ocean Era,' highlighting the current status and future directions of the maritime defense industry.
After the presentations and Q&A session, attorneys, advisors, and specialists from Sejong Law Firm will provide individual legal consultations for interested companies. Additionally, on the following day, October 7, the Sejong Defense and National Security Team will visit local defense companies in small groups to hold discussions and listen to on-the-ground concerns regarding legal challenges and current issues.
Attorney Kim Young-hoon stated, 'As defense exports expand, related regulations and systems are changing rapidly. Small defense companies, in particular, face challenges in keeping up with amendments. I hope local companies can proactively manage legal risks and actively utilize government support systems through this forum. The Sejong Defense and National Security Team will continue to provide services that reach out to such clients.'
The Sejong Defense and National Security Team consists of over 30 members, including attorneys, advisors, and specialists who have worked in the Blue House, National Assembly, Ministry of National Defense, and Defense Acquisition Program Administration. They offer a wide range of legal services across the defense industry, including weapon system acquisition, contract negotiations, penalties for delays, sanctions against dishonest contractors, protection of defense technology, defense M&A, foreign investment regulations, and litigation and arbitration.
* This article has been translated by AI.
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