Then defense ministry submitted to the parliament a 214.5 trillion won (US$192.6 billion) budget request for the 2014-2018 fiscal year period. The budget was submitted for deliberation on Thursday, as Parliament discussed the ’s planned missile and missile defense programs, facing North Korea’s nuclear and missile weapons threat. The budget plan needs parliamentary approval before being implemented by the government in fiscal year 2014, which begins on Jan. 1.
13.7 percent of the budget (US$63 billion) will be used to establish a missile shield, and deterrence capability that will consist on ballistic and cruise missiles. This network will be augmented by surveillance and early warning satellites and high-altitude, long-endurance (HALE) drones () – all to be procured in the next five years, ’s Yonhap news agency reports.
Seoul has been developing its indigenous missile shield since 2006. This system, called the Korea Air andThe activation of a new Air and ( ) was relying on ’s PAC2 air-defense missiles received from the US and germany and two Green-Pine long-range early warning radars acquired from Israel. The budget draft also includes the additional purchase of missile interceptors and upgrading the current system to PAC-3 to deter North Korean missiles. Cell (AMD-Cell) was planned for this month, after few months delay. This command and control center will support the entire enterprise. The AMD-Cell will integrate early warning and target tracks from multiple sources, including US Early Warning Satellites (DSP), SPY-1 naval radars deployed on the AEGIS destroyers and the new, land-based delivered by israel.
North Korea is believed to have over 1,000 missiles with varying capabilities as well as multiple launchers that can shoot rockets, puttingwell within its missile range.
The budget plan comes as then military is seeking to enhance its warfare capability to deter North Korean aggression before it takes back its wartime operational control from Washington in December 2015.
Under the proposed structure, if a transition is completed as scheduled, the South Korean military will play a leading role, and American forces will offer support during a potential wartime situation, fighting side by side with their Korean allies.
“The government is pushing for major weapons procurement programs by securing an appropriate level of defense budget,” Ju Chul-ki, the senior presidential secretary for foreign affairs and security, said in a Seoul defense forum on Thursday. “We are putting efforts to procure weapons to establish theto pre-emptively detect and strike North Korean missiles, and to establish the , which is capable of intercepting the enemy’s missiles,”
In addition, each branch of the military is seeking to beef up its weapon systems against growing threats posed by North Korea.
The Army aims to procure the next-generation K-2 battle tank to replace aging K-1 and U.S.-built M48 tanks, and buy large combat helicopters in the next five years.
The Navy plans to build 5,000-ton destroyers, 1,800-ton submarines and landing platform ships to cope with rising tensions in Northeast Asia, in face of the ongoing territorial disputes between China and Japan.
The Air Force plans to purchase 60 next-generation fighter jets to replace its aging fleet of F-4s and F-5s starting from 2017 as well as large carriers and aerial refueling aircraft to extend the range of its F-15K and KF-16 combat jets.
The military also plans to adopt theearly warning and field guided rockets to deter provocations by North Korea.