The Korea Times

South Korea will start developing an advanced ship-based missile interceptor this year, according to the state arms procurement agency, amid efforts to counter evolving North Korean military threats.

Last year, the country’s defense authorities approved a 690 billion-won ($520 million) project set to run through 2030 to develop the “ship-to-air missile-II” designed to shoot down aircraft and cruise missiles.

Click here to read more

Tags: Missile Defense North Korea Shipborne Interceptor South Korea