New Defense Plan Revealed
The Ministry of National Defense(MOND), on February 12, announced its new defense plan for the next five years.According to the five-year basic plan, Korean forces will be a better trained and technology-oriented army, and be better prepared against the ever-present threat of a North Korean attack.
MOND also outlined the preparation for future security by adding the 'Dream Torpedo Destroyer' project. The Ministry will shell out more than 20 billion dollars in 320 different areas.
In terms of missile and anti-missile development, both the American Patriot and Russian S-300 will be candidates. Furthermore, the next-generation scout plane project will commence in 2001.
The new combat helicopters will either be the American Apache or European Tiger-2 model.
By the end of 2004, Korean military power will be at about 88 percent of North Korea's in terms of overall military power.
with the Korea JoongAng Daily
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