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Tuesday, May 22, 2012

S.Korea to Build 500-600 More Missiles

[Hyunmu-3]South Korea plans to increase the number of ballistic and cruise missiles with a view to incapacitating North Korea's nuclear weapons and long-range missiles in an emergency.

The government and military aim to spend some W2.5 trillion (US$1=W1,170) over the next five years to secure 500-600 new cruise and ballistic missiles.

A government source on Sunday said, "Given the mounting threat of provocations from the North since Kim Jong-un took power, the Defense Ministry reported to President Lee Myung-bak last month a plan to increase missile capabilities in response to asymmetric threats from the North."

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