Subscribe free to our newsletters via your
. 24/7 Space News .

S. Korea 'to spend $2 bn' on hundreds of missiles
by Staff Writers
Seoul (AFP) May 22, 2012

South Korea plans to spend more than $2.0 billion dollars over the next five years on buying hundreds of new missiles to cope with threats from North Korea, reports said Tuesday.

President Lee Myung-Bak at a ministerial meeting on April 28 approved a 2.5 trillion won ($2.14 billion) defence ministry project to buy 500-600 new missiles, Chosun Ilbo newspaper said.

Yonhap news agency carried a similar report.

The defence ministry declined to confirm the reports, saying only that South Korea "agrees on the necessity of bolstering its missile capability".

The meeting followed North Korea's long-range rocket launch on April 13 and its repeated threats against the South's conservative government.

The defence ministry made its request "given the mounting threat of provocations from the North since (new leader) Kim Jong-Un took power", Chosun Ilbo quoted a government source as saying.

On April 19 the South unveiled a new cruise missile dubbed the Hyunmu-3 with a range of up to 1,500 kilometres (937 miles), capable of destroying targets such as missile and nuclear bases anywhere in the North.

Chosun said the military wants to increase the number of its Hyunmu-3 cruise missiles, and the number of Hyunmu-2 ballistic missiles which have a 300-km range.

It said they would be used to knock out the North's nuclear weapons facilities, Rodong and Scud missile bases, biochemical weapons plants, command facilities and air force bases in the early stage of any war.

Military officials say the North has about 800 road-mobile missiles. Some 600 are Scuds capable of hitting targets in South Korea, and possibly Japanese territory in some cases.

There are another 200 Rodong-1 missiles that could reach Tokyo.


Related Links
Learn about missile defense at
All about missiles at

Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks DiggDigg RedditReddit GoogleGoogle

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Raytheon awarded $313.8 million for Standard Missile-6 all-up rounds
Tucson, AZ (SPX) May 18, 2012
The U.S. Navy awarded Raytheon a $313.8 million contract for low-rate initial production of Standard Missile-6 all-up rounds. SM-6 leverages the legacy Standard Missile airframe and propulsion elements, while incorporating the advanced signal processing and guidance control capabilities of Raytheon's Advanced Medium-Range Air-to-Air Missile. Work will be performed in Tucson, Ariz.; C ... read more

Perigee "Super Moon" On May 5-6

India's second moon mission Chandrayaan-2 to wait

European Google Lunar X Prize Teams Call For Science Payloads

Russia to Send Manned Mission to Moon by 2030

To the Highlands of Mars

Opportunity Rolling Again After Fifth Mars Winter

Mojave Desert Tests Prepare for NASA Mars Roving

Mars Opportunity Rover Is A Go For More Travel

SpaceX Falcon 9 Dragon Launch Aborted

NASA chooses rocket for Orion launches

World expert outlines the future for air space travel

Poland seeks competitive edge through new technology

When Will Shenzhou 9 Be Launched

China's space women wait for blast-off

Shenzhou 9 to be ready for mid-June launch?

China confirms plans to build own orbital station

Space Station - Here We Come!

ISS Research and Development Conference June 26-28 Denver

ISS Cosmonauts to Make 3D Photo Report

Russia delivers three astronauts to ISS: official

SpaceX scrubs launch to ISS over rocket engine problem

SpaceX readies ambitious ISS launch

Japan in first commercial satellite launch

The numbers add up in Arianespace's latest commercial launch success with Ariane 5

Newfound exoplanet may turn to dust

Cosmic dust rings no guarantee of planets

In search of new 'Earths' beyond our Solar System

Free-floating planets in the Milky Way outnumber stars by factors of thousands

Loral-Built Nimiq 6 Satellite ly Performs Post-Launch Maneuvers

China firm buys AMC to create cinema giant

At seventh birthday, YouTube marks new milestones

SciTechTalk: Google to reign in Android

The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement