facebook
twitter
search
search

South Korea, Israel boost defense ties

Jan. 12, 2011 at 8:30 AM
| License Photo

TEL AVIV, Israel, Jan. 12 (UPI) -- South Korea is interested in boosting defense deals with Israel and procuring advanced weapons and technology, a Haaretz report says.

In a report Wednesday, the newspaper said with growing concern over North Korea's "intense aggression, Seoul has decided to increase its national defense budget by 25 percent and is wants Israeli drones, missiles, radar technology and possibly missile defense systems.

Trade between the two countries currently stands at $1.25 billion a year, two-thirds of which are South Korean exports to Israel with the remaining third mainly Israeli defense exports to South Korea, the newspaper said.

In October 2010, Israel's Aerospace Industries signed two huge deals for radar systems with South Korea produced by Elta. One system is used to identify missile launches and the other is installed in fighter jets, the paper said.

Israel is currently negotiating the purchase of T-50 South Korean trainer jets, the paper said. Israeli pilots have already flown to South Korea to test run the jets.

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Latest Headlines
Top Stories
Duma approves construction of $4 billion bridge to Crimea
Dzhokhar Tsarnaev seeking new trial for Boston Marathon bombing
Shark bites Camp Lejeune Marine on North Carolina coast
Donald Trump deletes retweet about Jeb Bush's wife
Widow of SKorea President Kim Dae-jung confirmed to visit Pyongyang