SEOUL, March 30 (UPI) — South Korea is keen to develop homegrown anti-missile defense systems as part of its five-year defense plan for 2017-21.
The systems known as Korean Air and Missile Defense and Kill Chain are be built in the years ahead, Seoul’s Defense Ministry said in its new report released Wednesday.
The South Korean government is budgeting $4.7 billion toward Kill Chain, a preemptive strike system. About $2.2 billion will go toward the development of KAMD, local news service Newsis reported.
Seoul also plans to put together a surface-to-surface missile system to deter North Korea‘s 300-mm multiple rocket launchers. The system is to be developed by 2018, Yonhap reported.
Pyongyang has been deploying its latest rocket launchers in firing practices, according to Seoul’s joint chiefs of staff.
North Korea has fired a total of 16 short-range projectiles in 2016.
Seoul said special bombs that contain carbon fibers that can neutralize the power transmission facilities of the enemy, and other military technology that can detect North Korea’s submarine-launched ballistic missiles, would greatly enhance the armed forces.
Those systems are also to be developed, South Korea stated.
The budget has decreased since Seoul announced its previous defense plan for 2016-20, by about $5.3 billion, according to Yonhap.
Total defense spending and military operating expenses is estimated to be $23.2 billion for 2017-21.