The state-funded Agency for Defense Development (ADD) announced Monday it has completed the development of a precision-guided light torpedo that can travel about 20 kilometers in the air before dropping into waters to track and destroy a target.
The Navy's KDX-II/III destroyers will be equipped with anti-submarine missile, or Hongsangeo (Red Shark) torpedo beginning next year as part of efforts to beef up the country's naval defense against North Korea, ADD officials said.
``The successful development of the Hongsangeo-guided missile system has laid the groundwork for developing the South Korean Navy's anti-submarine operational capability to a world-class level,'' Bae Yeon-sook, program manager of anti-submarine missile at ADD, told reporters.
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