Korean protection producer Hyundai Rotem introduced on Thursday that it had been chosen as the popular bidder to provide 30 K808 White Tiger wheeled armored automobiles to Peru.
The deal, valued at roughly 82.8 billion received ($601.6 million), is about to be finalized later this month, with STX Engine serving as the principle contractor for the challenge. Hyundai Rotem will provide the automobiles to the Peruvian Military, enhancing Peru’s navy capabilities.
If the settlement is formalized, it would signify Korea’s inaugural export of armored automobiles to Latin America, signaling a brand new chapter in protection cooperation between the 2 areas.
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The K808, designed for speedy troop deployment and reconnaissance missions in front-line areas, affords superior mobility and safety. It replaces the K511A, beforehand utilized by the Korean Military.
This growth follows a latest contract signed by Korean shipbuilder HD Hyundai Heavy Industries to assemble 4 warships for the Peruvian Navy, underscoring Korea’s increasing presence within the Latin American protection market.