According to the defense industry on Monday, L-SAM has entered the mass-production phase. Designed to intercept ballistic missiles in the upper atmosphere, L-SAM can engage targets at an interception altitude of 40 to 60 kilometers (25 to 37 miles), a capability that has led to comparisons with the U.S. THAAD system. Along with Cheongung-II, which covers altitudes of 30 to 40 kilometers (19 to 25 miles) and below, L-SAM is considered a core component of South Korea’s missile defense architecture.
Deployment is approaching. The Defense Acquisition Program Administration last year reviewed and approved the final mass-production plan for L-SAM. The total project cost is about 1.7302 trillion won, with the goal of fielding the system with South Korean forces starting next year.
Interest is also building overseas. With Cheongung-II deployed in the United Arab Emirates and credited with proving its performance, Middle Eastern countries have shown growing interest in L-SAM, the report said. In Europe, Switzerland has recently expressed interest.
Swiss online outlet Watson reported Monday that South Korea’s L-SAM, under development, could play an important role in defending Swiss airspace.
South Korea is also pursuing follow-on systems. Development is underway for L-SAM II, an upgraded version of the system now entering mass production. Work has also begun on Cheongung-III (M-SAM III), which aims to significantly improve interception altitude, detection range and simultaneous engagement capability compared with Cheongung-II.
In the securities industry, analysts forecast LIG Nex1’s consensus operating profit this year at 435.2 billion won, up 34.8% from a year earlier. Operating profit is also expected to rise sharply at Hanwha Aerospace (43.1%) and Hanwha Systems (183.9%).
Jang Won-jun a professor in the Department of Advanced Defense Industry Studies at Jeonbuk National University, said many countries built air defenses focused on mid- and low-altitude threats, making interest in an upper-tier interceptor like L-SAM likely to grow. "The Middle East and Europe are facing urgent conditions, so discussions on adoption could move faster there than in Korea," he said.
* This article has been translated by AI.
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