Korea ignites Raybolt missile
LIG Nex1 received a green light to proceed with production of the Raybolt (HyeonGung in Korean) medium-range anti-tank missile.
The South Korean company was awarded a contract on 2 December and the programme involves 270 contractors, and 95% of components are produced nationally.
Raybolt is a portable missile designed for use by infantry. It is notable for being the first such missile to be indigenously designed in South Korea, with the Agency for Defense Development (ADD) presiding over the project for the past nine years.
The Defense Acquisition Program Administration (DAPA) issued a KRW32.7 billion ($27.9 million) contract for low-rate
Already have an account? Log in
Want to keep reading this article?
More from Land Warfare
-
![AUSA 2025: KNDS France to bid for US Army requirement]()
AUSA 2025: KNDS France to bid for US Army requirement
The CAESAR Mk II, which was debuted internationally at Eurosatory last year, is a step up from the first model which has seen combat in Ukraine and the Middle East.
-
![AUSA 2025: IAI reveals robotic route clearance system]()
AUSA 2025: IAI reveals robotic route clearance system
The Elta 6631 has been developed using the experience of the Israel Defense Forces in route proving, and can be customised for various customers and circumstances.
-
![AUSA 2025: Boeing wins $2.7 billion PAC-3 production contract as it explores supply chain expansion]()
AUSA 2025: Boeing wins $2.7 billion PAC-3 production contract as it explores supply chain expansion
Boeing will work with prime contractor Lockheed Martin to boost PAC-3 production capacity to hit higher delivery targets, as demand for the interceptors continues to surge.
