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South Korea to ready ‘Iron-Dome’ style defense system earlier

Korea Economic Daily LogoKorea Economic Daily2w ago

South Korea to ready ‘Iron-Dome’ style defense system earlier - Korea Economic Daily

Quick Summary:

South Korea will deploy a new air defense system, similar to Israel’s Iron Dome, against North Korea’s artillery attacks earlier than its previous plan amid increasing tensions around the heavily fortified border with North Korea.

The original plan was to spend 750 billion won by 2027 to reform PAC-2 launchers to launch the PAC-3 system.“We have decided to buy more Patriot missiles and upgrade more (PAC-2) launchers in response to heightening threats from North Korea’s ballistic missile attacks,” said an unnamed DAPA official.

South Korea’s Defense Acquisition Program Administration (DAPA) announced on Monday that it nodded to a plan to move up a timeline for fielding the country’s low-altitude missile defense (LAMD) system by two years to between 2029 and 2033 at a National Defense Ministry committee meeting.


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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 13:19:38 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 506 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: 23318703

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About Korea Economic Daily

Korea Economic Daily Logo

Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 10 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: 1 hours ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #91

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