Seoul is aiming to build the US$330 million defence system to intercept rockets fired by North Korea South Korea has unveiled a plan to build a US$330 million defence system similar to Israel's Iron Dome to intercept rockets fired by the North - as newly inaugurated US President Donald Trump called the hermit state a "nuclear power" and touted his

South Korea will allocate 479.8 billion won to develop a missile defense system modeled after Israel's "Iron Dome," the South Korean arms agency DAPA reported on Monday. The government in Seoul plans to invest 479.

South Korea has started development of a low-altitude missile defense system, akin to Israel’s "Iron Dome," to better counter long-range North Korean artillery threats. The Defense Acquisition Program Administration held a project kickoff meeting on Monday attended by military officials,