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Local production of parts refers to a system that supports Korean companies to develop weapon parts with domestic technology and facilities and secures technologies needed for independent national defense.
Definition (Concept)
The development project for local production of parts is a system that supports Korean companies to develop and produce the parts applied for munitions, currently imported from overseas, with domestic technology and facility, in order to strengthen the independent national defense, such as localization of weapon system and stable operation of defense forces.
Introduction of work
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The supporting project for local development of
core parts
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The supporting project for local development of core parts of weapon system is a system that the government (DAPA) takes the initiative in selecting the core parts, which is imported from overseas and the local development is urgent, as development task and in supporting the necessary fund, considering the technological and economic effect.. |
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The new part development project
for purchase
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The new part development project for purchase is a system that facilitates localization of parts for national defense and fosters small and medium sized companies, by utilizing the fund from the Small and Medium Business Administration. |
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The public-private joint investment project
for technology development
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The public-private joint investment project for technology development is a system that the government, big companies, and government-run corporations raise cooperative fund for SMEs in advance, and suggest development tasks upon the demand of investors (big companies and government-run corporations), and the government selects the appropriate SMEs for development and support fund for development.
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The local production of general parts project
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The local production of general parts project is a system that the items pursued by demands for localization and mass production, other than items of localization, are subject to. The development company pays the development cost.
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Outcome
The DTaQ has so far completed development of approximately 10,000 items by parts localization and since 1991; the effect of replacing the imported parts has been 1.7 trillion KRW..
