SEOUL, Dec. 8 (Korea Bizwire) — The Australian subsidiary of Hanwha Aerospace signed a 3.1 trillion won (US$2.4 billion) deal Friday to sell 129 Redback infantry fighting vehicles to Australia, South Korea’s arms procurement agency said.
Hanwha Defense Australia struck the contract with Australia’s Capability Acquisition and Sustainment Group in Melbourne, the Defense Acquisition Program Administration (DAPA) said.
The subsidiary of the South Korean defense firm was selected as the preferred bidder in July for the Land 400 Phase 3 program, which aims to replace the Australian Army’s M113 armored personnel carriers.
The new vehicles will be manufactured in Avalon, Greater Geelong, with fleet deliveries scheduled to take place from 2027-2028, Hanwha Aerospace said.
The deal marks Hanwha’s second ground-based military equipment export to Australia after clinching a deal to supply the country with K9 self-propelled howitzers in December 2021, according to DAPA.