South Korea Plans to Spend Billions on Missile Shield

The South Korean Defense Ministry last week offered its five-year budget proposal, which includes a major focus — to the tune of tens of billions of dollars — on increasing the country’s ability to thwart possible North Korean missile strikes from reaching their targets, the Yonhap News Agency reported.

Obama Budget Decreases Missile Funding to Israel

Missile system critical to protecting against Iranian threat

For the second straight year, President Obama is seeking to decrease funding to joint U.S.-Israel missile defense programs.

Tucked within Obama’s 2013 budget proposal is a request to reduce the amount of money Israel receives for its critical missile defense systems by $6.3 million relative to the 2012 budget proposal. Among these defense systems are Arrow and David’s Sling, both of which are jointly operated with the U.S.

Publicly, the president has referred to himself as a stalwart champion of the U.S.-Israel military alliance. But administration efforts to reduce the amount of missile defense aid that Israel receives appear to be a growing trend in the president’s budget proposals.

Full article: Obama Budget Decreases Missile Funding to Israel (Washington Free Beacon)