South Korea’s Defense Acquisition Program Administration will set aside approximately $1.125 billion for the procurement of four cargo planes and PAC-3 missile interceptors.
The exact type of aircraft to be purchased for $432 million (480 billion won) has yet to be decided, with the C-130J Hercules or A400M Atlas airlifter being on its list, South Korean media reported citing DAPA. The Air Force wants to sign a contract by 2026.
Additionally, the military wants to acquire Patriot Advanced Capability (PAC)-3 missile interceptors from the U.S. through a government-to-government foreign military sale (FMS) program. This contract valued $693 million (770 billion won) also calls for the improvement of some of the Air Force’s PAC-2 missile launchers to fit the PAC-3 interceptors. It will be pushed between 2022-2027.