S.Korea’s LIG Nex1, Iraq set for $2.6 billion deal on M-SAM missile system

Quick Summary:

Iraq has decided to import South Korean-made mid-range surface-to-air missile (M-SAM) system II, known as Cheongung II, in a deal estimated at $2.6 billion, according to industry sources and military media outlets.

At the time, Iraqi Defense Minister Al-Abbasi met with Korean military officials in Seoul and inquired about acquiring three Cheongung II batteries.

Iraqi Defense Minister Thabet Muhammad Al-Abbasi determined that Baghdad will soon bring eight Korean-made M-SAM II missile batteries into the country to strengthen Iraq's air defense network, the reports said.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: Economy

Markets: South KoreaIraqNorth KoreaSaudi ArabiaUnited Arab Emirates

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-12 @ 11:27:10 (5 days ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 507 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 22552574

View Article Analysis

About Korea Economic Daily

Main Topics: Economy

Official Website: kedglobal.com

Year Established: 1964

Headquarters: South Korea

News Last Updated: 1 days ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #91

Publisher Details

Frequently Asked Questions