MOSCOW (Sputnik) — DAPA will study missile technologies in order to build around 200 air-to-surface Taurus-class missiles by 2031. They will be mounted on the KF-X fighter jets which are expected to be produced by mid-2020s. Creation of the missiles will cost South Korea approximately 810 billion won ($695.2 million).
The Korean Peninsula formally remains in a state of war since the 1950-1953 Korean War ended in an armistice, but not a final peaceful settlement.
On September 5, Pyongyang launched three ballistic missiles in the direction of the Sea of Japan. Several days later it conducted a successful test of a nuclear warhead, which is believed to be the fifth and largest blast since Pyongyang began pursuing nuclear and ballistic missile programs. On October 14, North Korea carried out a failed test of the Musadan intermediate-range ballistic missile near the northwestern city of Kusong.