August 25, 2026

WELCRON is expanding its defense business from personal protection products into advanced protection solutions for armored and tactical vehicles, strengthening its presence in both domestic and international defense markets.

According to a research report by Stunning Value Research, WELCRON has established a strong position in Korea’s ballistic protection market and is expanding its business portfolio from personal ballistic plates and body armor to add-on armor solutions for armored and tactical vehicles.

WELCRON’s defense business recorded KRW 25.8 billion in revenue in 2025, up 132% from KRW 11.1 billion in 2024, reflecting the continued expansion of its defense operations.

The company is also expanding its international business activities across multiple markets, including Saudi Arabia, Poland, Romania, Indonesia, and Taiwan, as it seeks new opportunities in the global defense sector.

Building on its advanced composite material technologies and protection engineering capabilities, WELCRON DEFENSE continues to expand its expertise across Personal Protection, Vehicle Protection, and Naval Protection, with a focus on developing and supplying protection solutions tailored to customer requirements.

As global demand for advanced protection solutions continues to grow, WELCRON DEFENSE aims to further strengthen its international business network and expand opportunities with global defense manufacturers, system integrators, and strategic partners.

[Media Coverage]

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➡ Based on a research report by Stunning Value Research and originally reported in Korean by Financial News on August 25, 2026.