plugwater
Senior Member
- Joined
- Nov 25, 2009
- Messages
- 4,154
- Likes
- 1,081
SEOUL, April 20 (Yonhap) -- LIG Nex1 Co., a South Korean weapons maker, has submitted a preliminary bid to sell portable anti-aircraft missiles to India, a military official said Wednesday.
"LIG Nex1 submitted a request for a proposal early this year to the Indian government to export the Shingung portable missiles," the official said on the condition of anonymity.
India reportedly plans to buy portable anti-aircraft weapons worth 1.4 trillion won (US$1.28 billion) by 2014.
The Shingung, which means "new bow and arrow" in Korean, was put into service in late 2005 by South Korea's Army. The shoulder-launched missile is capable of hitting targets as high as 3.5 kilometers with a speed of Mach 2.0 and a distance range of 7 km, military officials said.
LIG Nex1 submits bid to sell portable missiles to India | YONHAP NEWS
"LIG Nex1 submitted a request for a proposal early this year to the Indian government to export the Shingung portable missiles," the official said on the condition of anonymity.
India reportedly plans to buy portable anti-aircraft weapons worth 1.4 trillion won (US$1.28 billion) by 2014.
The Shingung, which means "new bow and arrow" in Korean, was put into service in late 2005 by South Korea's Army. The shoulder-launched missile is capable of hitting targets as high as 3.5 kilometers with a speed of Mach 2.0 and a distance range of 7 km, military officials said.
LIG Nex1 submits bid to sell portable missiles to India | YONHAP NEWS
