South Korea eyes $300-million deal to buy U.S. missiles for Aegis destroyers

SEOUL (Reuters) - South Korea plans to buy dozens of U.S.-built ship-to-air missiles, in an order worth about $300 million, to boost air defences against North Korea, even as it moves to reduce tension with Pyongyang, Seoul's arms buying agency said on Friday.

Since 2013, South Korea has bought Standard Missile-2s, developed by Raytheon Co, in instalments to equip three Aegis destroyers preparing to be deployed in the mid-2020s.