Hanwha Wins S.Korea’s Project to Maintain Armored Vehicles
South Korea’s Defense Acquisition Program Administration (DAPA) said it inked a deal with Hanwha Defense to maintain the military’s K242, K281 and K288 armored vehicles.
The contract valued around $16.1 million (23 billion won) aims to improve performance of these vehicles. It will be completed in 2024.
DAPA said it is promoting the 'Electrification Equipment Follow-up Support Project' in which a part of depot maintenance, which has been carried out as a power operation cost, is integrated into the defense capability improvement cost from 2022 to ensure stable operating conditions for weapon systems and increase the efficiency of defense budget expenditure. The depot maintenance project was also integrated and managed by the DAPA in connection with the engine and transmission performance improvement project of the K200 series armored vehicles, which is being promoted as a defense force improvement cost.
The K200 series armored vehicle was developed with domestic technology in the late 1980s, and the engine and transmission performance improvement project has been promoted since 2021.
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