Yonhap News Agency:

SEOUL, March 25 (Yonhap) — South Korea on Friday approved a project to upgrade its key surface-to-air missile interceptors, the state arms procurement agency said, a day after North Korea test-fired an intercontinental ballistic missile (ICBM).

The Defense Project Promotion Committee endorsed the project worth 720 billion won (US$591 million) to upgrade the Cheolmae II interceptors from next year through 2029, according to the Defense Acquisition Program Administration.

The project seeks to upgrade the missiles to enable them to intercept both aircraft and ballistic missiles at altitudes below 20 kilometers. The existing interceptors to be upgraded can only shoot down aircraft.

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