South Korea’s National Assembly Allocates budget for SM-3 acquisition

November 21, 2022

Naval News:

The National Assembly’s Committee on Budget and Accounts explained that the budget should be reconsidered to start the project next year, calling the request for SM-3 urgent. The committee also emphasized the need to establish a practical, layered air defense system in response to North Korean SLBM threats.

The ship-based anti-ballistic interceptor missile SM-3, jointly developed by the United States and Japan, is known to be capable of intercepting even an ICBM at altitudes of 150-500 km, which is higher than Terminal High Altitude Air Defense (THAAD) missiles. If procured, SM -3 will likely be fitted first onto the new KDX-III Batch II Aegis destroyer, Jeongjo the Great.

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