Seoul, June 2 (IANS) The arms procurement agency of South Korea said on Tuesday its affiliated bodies will provide technical assistance to an investigation into a recent explosion at a Hanwha Aerospace factory. The Defence Acquisition Program Administration (DAPA) said the agency has also formed a task force to manage the situation, after Monday’s explosion and fire at the Hanwha Aerospace plant left five people killed and two others injured.”We will support, when necessary, the investigation by…
Latest Defence Acquisition Program Administration News & Updates
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…