In August, North Korea threatened to fire a salvo of intermediate range missiles toward the U.S. Pacific island territory.
Anti-aircraft and anti-ship guns will be fired during the exercise, the navy added.
And Washington has agreed to deploy so-called strategic assets in and around South Korea on a more regular basis to provide better deterrence against the North.
The nuclear-powered supercarrier USS Ronald Reagan (CVN 76) and the South's Sejong the Great-class guided-missile destroyers (KDX III) will participate in the maritime exercises, along with around 40 other vessels.
For the exercise, the South Korean military will also mobilize P-3 anti-submarine aircraft, F-15K, FA-18, A-10 fighter jets and Lynx, AW-159, UH-60, MH-60R helicopters.
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Two B-1B Lancers based in Guam flew a mission in the vicinity of the Sea of Japan, staging the first night-time joint aviation exercises with Japan and South Korea the US Pacific Air Forces said in a statement.
Guam is a major military hub and home to US bombers that periodically fly missions over the divided Korean Peninsula.
The Ohio-class guided-missile submarine USS Michigan (SSGN 727) (Blue) arrived at Busan, Oct. 13, for a routine visit during a regularly scheduled deployment to the Western Pacific.
The USS "Michigan", a nuclear-powered ballistic missile submarine, has arrived in the South Korean port of Busan, US military have said.
Measuring more than 560 feet long and weighing more than 18,000 tons when submerged, MI is one of the largest submarines in the world. Armed with tactical missiles and equipped with superior communications capabilities, guided-missile submarines are capable of launching missile strikes and supporting Special Operation Forces (SOF) missions.
South Korea and the United States will conduct joint maritime drills next week in waters near the Korean Peninsula, with a U.S.