Defense News:
SEOUL, South Korea —South Korea plans to give an order of new Patriot Advanced Capability-3 missiles as part of an ongoing effort to defend against North Korea’s ballistic missile threat.
The buy of PAC-3 Missile Segment Enhancement built by Lockheed Martin was approved Feb. 7 by the Defense Acquisition Program Administration’s executive committee, chaired by the Ministry of National Defense. The latest contract, through the Foreign Military Sales program, is valued at around $53 million, according to the DAPA, with the number of PAC-3 MSE interceptors for delivery undisclosed.
“This procurement plan is aimed at acquiring more PAC-3 precision-guided missiles to respond to North Korea’s ballistic missile threat in a more effective way,” DAPA spokesman Kang Seok-hwan said. “The contract is expected to be made in the second half of the year for the delivery after 2020.”
