South Korea to invest $250B in missile defense, submarines

August 11, 2020

UPI

South Korea is to invest more than $250 billion in missile defense systems and new submarines to help deter North Korea military threats.

According to South Korea’s five-year defense program for 2021-25, Seoul is to develop a missile interceptor similar to Israel’s Iron Dome, Yonhap and Money Today reported Monday.

The Israeli system, designed to intercept and destroy short-range projectiles and artillery shells, is to serve as a model for South Korea’s missile defense. The Cheongung medium-range surface-to-air missile defense system could be used to build Korea’s Iron Dome, according to reports.

South Korea’s missile interceptor system would be used to protect the Seoul metropolitan area, including satellite cities in Gyeonggi Province, against North Korean artillery fire.

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