South Korea worried about North Korea, plans its own Missile Defense System

South Korea Seeks Indigenous Missile Defense System
To Deal With North, Raises 2017 Defense Budget, IBT, BY KUKIL BORA @KUKILBORA ON 08/30/16 The South Korean government on Tuesday raised the country’s 2017 defense budget to build a homegrown missile defense system to better counter growing North Korean missile and nuclear threats. The announcement came nearly a week after Pyongyang test-fired a submarine-launched ballistic missile (SLBM) in an apparent response to the annual Seoul-Washington military drill that will continue till Friday.
According to the South Korean Ministry of Strategy and Finance, the allotted defense budget of 40.3 trillion won ($36.1 billion) — up 4 percent from the previous year — for 2017 was proposed to build the country’s own “Korea Air and Missile Defense (KAMD)” system to deal with potential North Korean threats. In addition, some 39.9 billion won ($35.7 million) will be used to equip all military barracks with air conditioning systems, South Korea’s Yonhap news agency reported.
The KAMD, expected to be deployed by mid-2020s, includes medium-range surface-to-air missiles (M-SAM), long-range surface-to-air missiles (L-SAM), U.S. Patriot missiles and early-warning radars to shoot down missiles fired by the Democratic People’s Republic of Korea (DPRK) — the official title for the reclusive nation.
The sped-up efforts to develop the homegrown KAMD comes amid growing tensions in the Korean peninsula after Pyongyang’s fourth nuclear test in January, followed by the launch of a long-range rocket in February……http://www.ibtimes.com/south-korea-seeks-indigenous-missile-defense-system-deal-north-raises-2017-defense-2409128
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