Changing security environment in Indo-Pacific is giving Canberra second thoughts about acquiring South Korean weapons
When Seoul and Canberra concluded a $1 billion contract with defense giant Hanwha a little over a year ago, it marked a historical point in Australia’s defense strategy as the first major deal with an Asian country.
In a following contract, the South Korean firm far exceeded that deal by reportedly winning the bid to supply the Australian Defense Force with 450 Infantry Fighting Vehicles (IFV), which are worth about $27 billion.
When Seoul and Canberra concluded a $1 billion contract with defense giant Hanwha a little over a year ago, it marked a historical point in Australia’s defense strategy as the first major deal with an Asian country.
In a following contract, the South Korean firm far exceeded that deal by reportedly winning the bid to supply the Australian Defense Force with 450 Infantry Fighting Vehicles (IFV), which are worth about $27 billion.
Get your
KoreaPro
subscription today!
Unlock your access to all our features.
There are three plans available: Lite, Standard, and Premium.
Unlock your access
to all our features.
Standard plan includes:
-
Receive full archive access
-
Monthly research report via email and on KOREA PRO website
-
Submit requests for coverage
-
One year of access to NK News
-
One year of access to NK News Podcast
There are three plans available:
Lite, Standard and
Premium.
Explore which would be
the best one for you.
Subscribe now
© Korea Risk Group. All rights reserved.
No part of this content may be reproduced, distributed, or used for
commercial purposes without prior written permission from Korea Risk
Group.