On December 4, South Korea began full-scale development of L-SAM, an indigenous surface-to-air missile. According to South Korea’s Defense Acquisition Program Administration, the project is valued at $813 million and is scheduled for completion by 2024. Studied since 2014, L-SAM would comprise the long-range arm of Seoul’s indigenous Korea Air and Missile Defense (KAMD) architecture, intercepting ballistic missiles in their terminal phase. L-SAM is planned to enter full-rate production by 2028.