South Korea to buy new transport aircraft by 2026

South Korea’s Defense Project Promotion Committee has approved a $580 million project to buy new transport planes by 2026.

Jerry Gunner from Lincoln, UK, CC BY 2.0, via Wikimedia Commons

Yonhap reports that the contenders are likely to be the Airbus A400M, Embraer C390 and Lockheed Martin C-130J.

The committee also approve the upgrade of the Cheolmae-2 air defense interceptor with $591 million of funding. The upgrade will take place next year and runs till 2029. The Cheolmae-2 will have the ability to intercept ballistic missiles after the upgrade.

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