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Thursday, November 28, 2013

Seoul to conclude deal on Taurus missile next month

Taurus ASMThe nation’s arms procurement agency said Wednesday that it will finalize a deal of importing the Taurus air-to-ground standoff cruise missiles for its F-15K fleet next month.

According to the Defense Acquisition Program Administration (DAPA), it reported to the military decision-making committee, chaired by Defense Minister Kim Kwan-jin, that it will conclude the contract including a classified number of the missiles in December.

Taurus Systems, a German-Swedish joint venture, welcomed Korea’s decision.

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