S. Korea to deploy advanced anti-sub missiles on destroyers

SEOUL, Aug. 13 (Yonhap) -- South Korea's defense ministry said Thursday that
newly developed anti-submarine guided missiles will be deployed on destroyers by
2012 to beef up the country's naval defense.
South Korean destroyers will begin to carry about 60 to 70 long-range
anti-submarine missiles, nicknamed "Red Shark," in three years, said the ministry
after a meeting on mid-term arms procurement plans.
Red Sharks, which are capable of hitting underwater targets after first flying
over water, were developed through a 100 billion won (US$8 million) project in
June. Each Red Shark missile is known to cost approximately 2 billion won.
brk@yna.co.kr
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