SEOUL, March 21 (Korea Bizwire) — North Korea has successfully test-fired its latest surface-to-air missile system, which was recently put into full-scale production, as leader Kim Jong-un oversaw the test, state media reported Friday. The test-firing was conducted by the country’s Missile Administration on Thursday to “examine the comprehensive performance” of the missile system being [...]
SEOUL, Feb. 18 (Korea Bizwire) — South Korea has deployed a new homegrown bunker buster missile capable of striking underground enemy targets, the Joint Chiefs of Staff (JCS) said Tuesday, in its efforts to deter North Korean military threats. The military has deployed the Korean Tactical Surface to Surface Missile (KTSSM), capable of conducting simultaneous [...]
SEOUL, Jan. 20 (Korea Bizwire) — South Korea’s Defense Acquisition Program Administration (DAPA) is planning to develop a land-based version of its advanced Close-In Weapons System (CIWS-II), transforming a naval defense technology into a crucial last line of defense against North Korean artillery and drones. The system, which can fire thousands of rounds per minute to [...]
SEOUL, Dec. 26 (Korea Bizwire) — South Korea said Thursday it will impose independent sanctions on 15 North Korean IT workers and one entity over their roles in the illicit cyber activities to fund the country’s nuclear and missile development. Fourteen of the 15 individuals, including Pak Hung-ryong, Yun Jong-sik and Ri Il-jin, are suspected [...]
SEOUL, Mar. 15 (Korea Bizwire) — The state arms procurement agency said Friday it has signed a 330.6 billion-won (US$250 million) contract with local defense company LIG Nex1 Co. for the development of a long-range ship-to-air missile by 2030. The two sides signed the deal Thursday for the air defense weapon to be equipped on [...]
SEOUL, Nov. 12 (Korea Bizwire) — South Korea, the United States and Japan agreed Sunday to launch a real-time missile warning data sharing system next month to better detect and assess North Korea’s ballistic missile launches, Seoul’s defense ministry said. The defense chiefs of the three nations reached the agreement during their meeting on the [...]
SEOUL, Oct. 16 (Korea Bizwire) — North Korea on Monday condemned Japan’s move to accelerate its planned acquisition of Tomahawk cruise missiles from the United States as an “arrogant choice,” warning that it will heighten regional tensions. Earlier this month, Japanese Defense Minister Minoru Kihara said Tokyo aims to purchase the missiles as early as [...]
SEOUL, Sept. 18 (Korea Bizwire) — South Korea will invest about 290 billion won (US$218 million) to develop an improved version of a homegrown bunker-buster missile capable of striking underground enemy targets, the state arms procurement agency said Monday. The project comes as South Korea’s military has been seeking to reinforce its deterrence capabilities against [...]
SEOUL, April 14 (Korea Bizwire) — North Korea’s first test launch this week of a purportedly solid-fuel intercontinental ballistic missile (ICBM) appears intended to secure the ability for a surprise strike and complicate tightening South Korea-U.S. deterrence efforts, analysts said Friday. The North’s official Korean Central News Agency confirmed the country fired a Hwasong-18 ICBM [...]
SEOUL, Dec. 19 (Korea Bizwire) — South Korea has successfully completed a 180 billion-won (US$138 million) project to develop an air-to-ground guided missile to be fitted on a homegrown light armed helicopter (LAH), the state arms procurement agency said Monday. The missile, named Cheongeom, passed a combat suitability assessment on Dec. 12, capping more than [...]