SAM-X
South Korea is seeking to replace the Nike missiles with PAC-3 missiles, the advanced version of the Patriot, under a $1.6 billion procurement project, code-named SAM-X. The Defense Ministry originally planed to award the contract to Raytheon by the end of 2001. But military officials said the decision would be postponed until 2002 after the negotiation broke up mainly over price and the timetable for payments. Raytheon has been the sole bidder to provide South Korea with 48 ground-to-air missiles since Russia's Rosvoorouzhenie dropped out of the race in 2000.
