South Korean business group Hanwha revealed its Korea Ballistic Aerial Target System (K-BATS) for the first time at Eurosatory 2016 in Paris. Likely to be developed into a new multi-payload tactical ballistic missile (TBM), K-BATS is "almost ready for export," a Hanwha official told IHS Jane's , explaining that the group's intent in displaying the system at the international defence and security exhibition was to "demonstrate" that the Republic of Korea has the capability to make ballistic missiles.
http://www.janes.com/article/61337/eurosatory-2016-south-korea-s-hanwha-reveals-ballistic-target-system