South Korea has kicked off a KRW435.9 billion (≈$296M) programme to develop an indigenous Short‑Range Air‑to‑Air Missile (SRAAM‑II) for the domestically produced KF‑21, led by Hanwha and LIG Nex1, with development scheduled for completion by 2032. DAPA also awarded a KRW225bn Cheongnam production contract.
Discovered |
Briefing
The programme is a funded, time‑bound effort: KRW435.9bn (~$296M) for SRAAM‑II development for the KF‑21, with completion targeted in 2032, and a separate KRW225bn production award for Cheongnam anti‑tank missiles (shows scale of current procurement). See KF‑21 capability context here: https://hype.aero/?story=1119f29d-b5fe-4498-8953-74def2ff1e6b
The project is part of Seoul's announced industrial and R&D push for defence self‑reliance after the ADEX 2025 funding pledge, signalling sustained government backing for domestic weapons development: https://hype.aero/?story=96bbd2f7-4dba-414a-a618-95e4a05d2930
The award strengthens orders for local primes; Hanwha's expanding role in recent domestic contracts underlines growing supplier capture of South Korea's defence spend: https://hype.aero/?story=7c63a223-2d00-484a-bb2b-b2d083d34477
Reported By
Hype groups these reports into one evolving story so you can compare coverage without losing the thread.
Hanwha Aerospace Secures $153 Million Contract for Cheongeom Missile Production • news.ssbcrack.com
South Korea Launches First Indigenous Short‑Range Air‑to‑Air Missile Program; North Korea Reportedly Has Two • militarywatchmagazine.com
Hanwha, LIG Nex1 to Develop Air-to-Air Missiles for KF-21 Fighter Jet • defensemirror.com
