Wednesday, April 2, 2025

South Korea Secures Massive Arms Export

Hanwha Aerospace

On the 10th, the Defense Acquisition Program Administration (DAPA) announced that a contract for the export of K-9 self-propelled howitzers to Romania was signed on the 9th.

According to DAPA, this contract signed between Hanwha Aerospace and the Romanian Ministry of Defense is worth approximately $939 million and includes 54 K-9 self-propelled howitzers, 36 K-10 ammunition resupply vehicles, and other various vehicles and ammunition.

Recognized for its excellent performance, the K-9 self-propelled howitzer holds the top market share in the global export market. It has been adopted and is in operation by many North Atlantic Treaty Organization (NATO) and European Union (EU) countries.

With this export contract, Romania has become the ninth export country for the K-9 self-propelled howitzer, following Australia, Egypt, India, Norway, Estonia, Turkiye, Poland, and Finland.

Since the 15th anniversary of the establishment of their strategic partnership in 2023, South Korea and Romania have been actively conducting high-level exchanges, with the defense industry playing a key role in promoting friendly relations between the two countries.

Three exchanges have taken place since last year, including the Romanian president’s visit to South Korea, mutual visits by the prime ministers of the two countries, and the visit of the Romanian Minister of Defense to South Korea.

Since May, the head of DAPA and the Minister of National Defense visited Romania and actively supported the negotiation of this export contract through meetings with key officials such as the Minister of Defense.

With the export of the K-9 self-propelled howitzer following the Shin-Gung last year, Romania has become a major defense cooperation country in Central Europe. DAPA plans to continue various export support activities, including promoting the excellent performance of South Korea’s Redback armored vehicle, to win the future contract for Romania’s project that seeks to acquire infantry fighting vehicles.

DAPA Director Seok Jong Geon stated, “Based on the successful export of the K-9 self-propelled howitzer, we expect to expand cooperation with Romania in ground weapon systems such as the Redback armored vehicle and K-2 tank. We also hope to expand guided weapon projects including the air defense system. DAPA will cooperate with companies to continuously support defense exports.”

Hanwha Aerospace

Hot this week

17-Year-Old Discovers Shocking Truth About Her Identity After Missing Periods

A 17-year-old girl discovered she had male chromosomes after not menstruating, diagnosed with Complete Androgen Insensitivity Syndrome (CAIS).

Samsung’s Exynos Is Back: Galaxy S26 to Feature New 2nm Chip

Samsung will reintroduce the Exynos 2600 processor in the Galaxy S26, promising improved performance and efficiency.

Le Pen’s Political Future in Jeopardy After Court Ruling in EU Fund Scandal

Marine Le Pen sentenced to house arrest for misusing EU funds, barring her from public office for five years. Appeals may delay 2027 run.

Intel’s New CEO Says It’s All About the Customers—and Cutting-Edge Chips

Intel's CEO Lip-Bu Tan emphasizes customer focus, innovative solutions, and a software-driven design approach at Intel Vision conference.

Record-Breaking Gold Prices as U.S. Tariff Fears Fuel Safe-Haven Rush

Gold prices soared to a record high amid looming tariffs by the Trump, signaling investor uncertainty and demand for safe assets.

Topics

17-Year-Old Discovers Shocking Truth About Her Identity After Missing Periods

A 17-year-old girl discovered she had male chromosomes after not menstruating, diagnosed with Complete Androgen Insensitivity Syndrome (CAIS).

Samsung’s Exynos Is Back: Galaxy S26 to Feature New 2nm Chip

Samsung will reintroduce the Exynos 2600 processor in the Galaxy S26, promising improved performance and efficiency.

Le Pen’s Political Future in Jeopardy After Court Ruling in EU Fund Scandal

Marine Le Pen sentenced to house arrest for misusing EU funds, barring her from public office for five years. Appeals may delay 2027 run.

Intel’s New CEO Says It’s All About the Customers—and Cutting-Edge Chips

Intel's CEO Lip-Bu Tan emphasizes customer focus, innovative solutions, and a software-driven design approach at Intel Vision conference.

Record-Breaking Gold Prices as U.S. Tariff Fears Fuel Safe-Haven Rush

Gold prices soared to a record high amid looming tariffs by the Trump, signaling investor uncertainty and demand for safe assets.

Trump Says He Has a ‘Fantastic’ Relationship with North Korea’s Kim Jong UN

Trump emphasizes his strong ties with Kim Jong Un, acknowledging North Korea as a nuclear power and expressing hopes for future relations.

Elon Musk Blames Tesla’s Stock Plunge on His Political Moves

Elon Musk blames his political actions for Tesla's stock decline, which has dropped over 45% since its peak, affecting his wealth.

Tesla’s Troubles: Musk Admits Leadership of DOGE is Impacting Stock

Musk admits his government role has harmed Tesla's stock, which has dropped significantly amid challenges and external pressures.

Related Articles