South Korea’s National Assembly boost defense budget

South Korea’s National Assembly has added nearly $200 million to the defense budget proposal due to an increase in number of missile launches from North Korea.

2013. 10. 16. 공군 방공유도탄 실사격 대회 Republic of Korea Air Force(2) (10322679903)
대한민국 국군 Republic of Korea Armed Forces, CC BY-SA 2.0, via Wikimedia Commons

A total of $4.17 billion will now go towards the domestic “three-axis” defense system. The three are: Korea Massive Punishment and Retaliation (KMPR), the Kill Chain pre-emptive strike platform and the Korea Air and Missile Defense (KAMD) system.

For more information, hit the Source below

Source