South Korea Endorses 2.7 Billion Dollar Submarine Project

NUKEWARS

South Korea has nine 1,295-ton, 209-Class subs (Changbogo), built by a Germany company, and a 1,800-ton craft, commissioned last year.

by Staff Writers
Seoul (AFP) May 17, 2007
South Korea has endorsed a 2.7 billion dollar project to develop its own technology to build 3,000-ton submarines, military officials said Thursday. The project was approved late Wednesday at a meeting chaired by Defence Minister Kim Jang-Soo, a ministry spokesman said.

"The project, which starts this year, is aimed at acquiring independent technology for the construction of 3,000-ton submarines," Major Park Sung-Soo told AFP, adding that the first craft would be commissioned in 2018.

He refused to give any other details.

However, Munhwa newspaper said South Korea would build nine 3,000-ton submarines armed with cruise missiles capable of a range of 1,000 kilometres (620 miles), by 2029.

South Korea has nine 1,295-ton, 209-Class subs, built by a Germany company, and a 1,800-ton craft, commissioned last year.

A second 1,800-ton submarine will be launched early next month and it plans to build seven more of this class by 2018.

The ministry successfully test-fired a ship-to-ground cruise missile last October.

Source: Agence France-Presse

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Train Crosses Korean DMZ As Disinformation Muddies Bank Transfer

Seoul (UPI) May 17, 2007
A South Korean passenger train crossed the heavily fortified border to reach North Korea's western border city of Kaesong at noon Thursday for the first time in more than half a century. At the same time, a North Korean train arrived in South Korea's eastern border city of Jejin on another cross-border railway for a trial run of a newly restored track.

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