At MADEX 2017, the International Maritime Defense Industry Exhibition currently held in Busan, South Korea, local company Poongsan is showcasing its new Gliding Guided Rocket Munition-5 (GGRM-5). The 5 inch ammunition is being developped on the company's own fund and is anticipating a likely Republic of Korea Navy (ROK Navy) future need for such naval precision guided munition.
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» MADEX 2017: South Korean Naval Precision Guided Munition Entering Conceptual Phase