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South Korean Apaches?

According to this article South Korea will be getting 36 Apaches. This is the first I’ve heard of this. Anyone know anything about this?

Yonhap News http://english.yonhapnews.co.kr/Engnews/20070529/610000000020070529153955E6.html
S. Korea to spend 8 trillion won next year to improve defense capability: sources

SEOUL, May 29 (Yonhap) — South Korea plans to drastically increase its budget next year for sharpening its defense capability as part of efforts to balance its military power with those of China and Japan as well as counter threats from North Korea, sources said Tuesday.

“The military has tentatively decided to earmark 8.3 trillion won (US$8.5 billion) to improve its defense power for fiscal 2008. Much of the budget will be used to procure new weaponry,” a source said. “It marks a 19.8-percent rise from 6.6 trillion for this year.”
The decision, if finalized through consultations with the Budget Ministry, will push up the percentage of the expenditure in the total defense budget to 29.7 percent from the current 27.3 percent. South Korea’s defense budget totals 24.5 trillion won this year.

Seoul’s move is aimed at securing core war-fighting ability at an early date amid security jitters over North Korea’s nuclear arms development and a regional arms race by China and Japan, the source said.

South Korea is set to introduce 36 Apache attack helicopters at the cost of 2.4 trillion won.

It also plans to replace aging ground-to-air Nike missiles, introduced 40 years ago, with 48 second-hand German Patriot missiles under a project code-named “SAM-X,” expected to cost 1.1 trillion won.

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