South Korea to develop long-range interceptor for Iron Dome by 2028
Products & Services
Shephard Plus Update
Shephard Media
Shephard Plus is updating in June 2018 with rich new capabilities, and is now one of the most cost-effective and valuable aerospace and defence market intell...
Military Unmanned Systems Handbook
Shephard Media
The Military Unmanned Systems Handbook (Digital Download) is an international guide to the military UV industry and provides detailed information on air, ground and sea (surface & sub-sea) vehicles as well as subsystems. What's included: Unencrypted 390+ page PDF of equipment and supplier information Market summary
Defence Insight
Shephard Media
Some of the things people like you use Defence Insight for:
- Total addressable market sizing ($)
- Competitor analysis
- Cost analysis
- Market forecasting
- Growth identification
- Increasing closing ratio
- Increasing closing order value
- Estimating product potential
- Calculating sales forecasting
- Supply and demand analysis
- Total addressable market sizing ($)
- Competitor analysis
- Cost analysis
- Market forecasting
- Growth identification
- Increasing closing ratio
- Increasing closing order value
- Estimating product potential
- Calculating sales forecasting
- Supply and demand analysis
Description
The Defense Acquisition Program Administration (DAPA) has announced it held a meeting on 20 January with the Agency for Defense Development and prototype companies LIG Nexone, Hanwha Aerospace, and Hanwha Systems, to develop a long-range artillery interceptor system for its Iron Dome.
The Agency for Defense Development reportedly plans to spend around KRW479.8 billion (US$329 million) through to 2028 to develop the interceptor system.
The low-altitude missile defence (LAMD) system is seen as important by South Korea to protect places of national and military importance from the threat of North Korean missiles. The country's development of its own Iron Dome, DAPA stated, would be designed with “superior capabilities to engage more targets at the same time” than the Israeli Iron Dome.
Bang Uk-chul, head of the guided weapons division of the Defense Acquisition Program Administration (DAPA), said: “The commencement of the development of the long-range artillery interception system means that we will directly secure a reliable air defence capability that protects the lives of the people and important facilities of the state and military from the threat of a large number of North Korean long-range artillery guns.”
South Korea's intent to develop an Iron Dome was first revealed in 2021 when it announced the development of a KRW2.89 trillion (US$2.6 billion) indigenous air defence system.
In January 2025, DAPA said that it had gained approval to push forward the deployment schedule for the country's LAMD system by two years, with a new timeframe of between 2025 and 2028.
The Agency for Defense Development reportedly plans to spend around KRW479.8 billion (US$329 million) through to 2028 to develop the interceptor system.
The low-altitude missile defence (LAMD) system is seen as important by South Korea to protect places of national and military importance from the threat of North Korean missiles. The country's development of its own Iron Dome, DAPA stated, would be designed with “superior capabilities to engage more targets at the same time” than the Israeli Iron Dome.
Bang Uk-chul, head of the guided weapons division of the Defense Acquisition Program Administration (DAPA), said: “The commencement of the development of the long-range artillery interception system means that we will directly secure a reliable air defence capability that protects the lives of the people and important facilities of the state and military from the threat of a large number of North Korean long-range artillery guns.”
South Korea's intent to develop an Iron Dome was first revealed in 2021 when it announced the development of a KRW2.89 trillion (US$2.6 billion) indigenous air defence system.
In January 2025, DAPA said that it had gained approval to push forward the deployment schedule for the country's LAMD system by two years, with a new timeframe of between 2025 and 2028.
