Latest Defence Acquisition Program Administration News & Updates

South Korea to Acquire US SM-6 Shipborne Missile Interceptors by 2034

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Seoul, May 22 (IANS) South Korea on Friday finalised a plan to acquire US Standard Missile-6 (SM-6) shipborne missile interceptors by 2034, in a bid to boost its missile defence capabilities, the state arms procurement agency said.The Defence Project Promotion Committee, a decision-making body for arms procurement under the Defence Acquisition Program Administration (DAPA), approved the 530 billion-won (USD 351.5 million) project to acquire the SM-6 long-range ship-to-air missile interceptors an…