Peru Selects Hyundai Rotem's K-808 White Tiger Armored Vehicles
The deal, valued at approximately $600M, is expected to be finalized later this month.
South Korea’s Hyundai Rotem, announced on Thursday that it has been chosen as the preferred bidder to export 30 K-808 White Tiger wheeled armored vehicles to Peru.
The deal, valued at approximately 82.8 billion won ($600 million), is expected to be finalized later this month, local media reported.
STX Engine will serve as the main contractor for the deal, overseeing the project, while Hyundai Rotem will supply the vehicles to the Peruvian Army. This marks South Korea's first export of armored vehicles to Latin America.
The K-808 is an eight-wheeled infantry transport vehicle designed for fast troop deployment and reconnaissance missions in front-line areas.
In a related development, last month South Korean shipbuilder Hyundai Heavy Industries secured a 640.6-billion-won contract to build four warships for the Peruvian Navy in partnership with a local shipyard.
Hyundai Heavy Bags 4 Warship Order from Peru
Data Link Solutions receives up to $1B IDIQ award for MIDS JTRS
Ukrainian Forces Received 6,000 Long-Range Attack Drones in 2024
Iranian Loitering Munition "Product-358" Intercepts Turkish Aksungar UAV over Syria
Airbus Delivers First A400M to Kazakhstan
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
NATO’s Intensified Exercises a Prep to Attack Russia?
Recent NATO exercises such as the BALTOPS-24, Steadfast Defender 2024 and its first-ever Basic Fighter Maneuvers exercise have been its...
Precision in the Skies: The Evolution of Loitering Munitions
Loitering munitions - drones that hover over a target and blow up near it - have become the weapon of...
Is the Patriot Air Defense System Outdated?
After Israel revealed its decision to decommission its U
Russia's Growing Influence in Africa: Arms Sales and Military Bases
Russia's expanding influence in Africa, demonstrated by arms sales, military deployments, and diplomatic engagements, reflects a significant geopolitical shift on...