South Korea has developed a short-range ballistic missile aimed at destroying underground artillery bases in North Korea, Yonhap News Agency reported Tuesday, citing a lawmaker of the parliamentary defense committee. The Joint Chiefs of Staff (JCS) briefed committee members in a closed-door meeting Monday that the military has succeeded in developing the guided missile with a range of 100 kilometers and successfully conducted test-firing in May, according to the report. The missile is designed to be fired from a multiple launch system and uses a ground-based navigation system, which is resistant to GPS (global positioning system) jamming signals, to fly to targets, the report said. \"The JCS briefed that it has succeeded in developing a guided-missile designed to destroy underground artillery bases and plans to enter into mass production,\" the lawmaker was quoted as saying. The project was launched by President Lee Myung-bak after the North shelled the front-line island of Yeonpyeong near the tense western sea border in November 2010, killing four South Koreans, including two civilians. The project is in line with the military\'s move to beef up its missile defense. The defense ministry, earlier this month, submitted a revised mid-term budget plan, which set aside KRW 2.7 trillion (USD 2.3 billion) to secure hundreds of tactical weapons in the next five years. Pyongyang unsuccessfully tried to launch a rocket in April, which was seen as a long-range missile test in disguise. The international community remains concerned about North Korea\'s development of ballistic missiles, especially those that can carry nuclear bombs.