South Korea’s state arms procurement agency said Tuesday it has assigned 11.9 trillion won (US$10.5 billion) for its weapons acquisition plan next year to enhance missile and combat capability, an increase of 17 percent from this year’s budget.

TEHRAN (FNA)- Russia will begin construction of a prototype of a heavy liquid-fuel intercontinental ballistic missile (ICBM) in 2014, a Defense Ministry source said. In 2011, the Russian military announced plans to build the missile by 2018. It is expected [...]

MOSCOW, June 19 (RIA Novosti) – Russia’s Strategic Missile Forces (RVSN) are testing a remote-controlled mine-clearance vehicle designed to let Yars mobile ballistic missile launchers travel safely through minefields, the Defense Ministry said on Wednesday. “The vehicle will allow the [...]