The Korea Times:

South Korea approved a 750 billion won ($605 million) project Monday to upgrade its Patriot missile defense system by 2027, the state arms procurement agency said, in the wake of North Korea’s recent missile provocations.

The Defense Project Promotion Committee endorsed the project to procure an unspecified number of Patriot Advanced Capability-3 (PAC-3) missile interceptors and upgrade the PAC-2 launchers into more advanced PAC-3 launchers, according to the Defense Acquisition Program Administration (DAPA).

The move came after the North fired three ballistic missiles, including an apparent intercontinental ballistic missile (ICBM), last week in a move seen as part of efforts to diversify its nuclear delivery capabilities.

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