U.S. pushing to sell guided multiple launch rocket system to S. Korea
SEOUL, March 4 (Yonhap) -- The United States is pushing to sell a guided multiple launch rocket system to South Korea in a foreign military sales (FMS) arrangement, according to the U.S. department of defense.
The sales plan is part of a US$1.1 billion contract Lockheed Martin Corp. was awarded by the U.S. government for the production of the surface-to-surface system and its support equipment, according to the department on Thursday.
The guided multiple rocket launcher system is an "all-weather rocket designed for fast deployment that delivers precision strike beyond the reach of most conventional weapons," according to the U.S. arms manufacturer.
Under FMS, the U.S. government uses the department of defense's acquisition system to procure defense articles and services on behalf of foreign partners.
The announcement came as South Korea and the U.S. are in talks over how much Seoul should pay for the upkeep of the 28,500-strong American troops here.
The two countries have held six rounds of negotiations since September. But they have yet to reach an agreement amid Washington's demand for a sharp increase in Seoul's financial contribution.
South Korea has been emphasizing its arms purchase from the U.S. as part of its contribution to their alliance and the security on the Korean Peninsula.
scaaet@yna.co.kr
(END)
-
(News Focus) Display, electronics makers dealt blow by COVID-19 lockdowns in China
-
BTS to meet Biden at White House to discuss anti-Asian hate crimes
-
(URGENT) Russian, Chinese warplanes enter S. Korea's air defense zone without notice: JCS
-
Multiple Russian, Chinese warplanes enter KADIZ without notice: JCS
-
Premier League Golden Boot winner Son Heung-min receives hero's welcome home
-
(5th LD) Yoon, Biden agree to expand joint military exercises to cope with N.K. threats
-
(LEAD) Multiple Russian, Chinese warplanes enter KADIZ without notice: JCS
-
(News Focus) Display, electronics makers dealt blow by COVID-19 lockdowns in China
-
With historic Golden Boot, Son Heung-min cements case as greatest S. Korean footballer ever
-
(URGENT) Russian, Chinese warplanes enter S. Korea's air defense zone without notice: JCS
-
S. Korean volunteer fighter in Ukraine returns home with injuries
-
S. Korean midfielder Hwang Hee-chan to enter military training after 2 friendlies in June
-
BTS to meet Biden at White House to discuss anti-Asian hate crimes
-
S. Korean volunteer fighter in Ukraine returning home
-
S. Korea's new COVID-19 cases below 20,000 for 2nd day as omicron wave ebbs