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.
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