On June 10, 2025, Hanwha Aerospace signed a contract worth 198.6 billion won (approximately $145,524,428) with South Korea's Agency for Defense Development (ADD) for the development of the L-SAM-II high-altitude interceptor missile system. The contract covers system integration responsibilities, including technology integration and verification of the L-SAM-II missile system, as well as prototype development of launcher systems. The development timeline extends to 2028, when the project is scheduled for completion. The L-SAM-II system is designed to intercept ballistic missiles at altitudes higher than the existing L-SAM system's operational ceiling, extending beyond the stratosphere. Read full defense news at this link...
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» South Korea starts L-SAM-II development to intercept modern ballistic missiles at higher altitudes
