The South Korean Defense Acquisition Program Administration (DAPA) has entered into a contract with Hyundai Rotem for the delivery of additional K2 Black Panther main battle tanks.
The value of the signed contract amounts to nearly USD 1.5 billion and includes the provision of approximately 150 tanks to the South Korean Army (ROKA).
These tanks are scheduled to be delivered between 2024 and 2028.
The acquisition of the K2 tanks is intended to replace the outdated M48A3K/A5K vehicles that South Korea currently has in its army’s inventory.
According to Hyundai Rotem, the K2 MBT is a tank based around a brand-new concept with combat efficiency maximized through digital-based ergonomic designs suited for the 21st century technical combat environment. It features dramatically strengthened firepower due to an extended turret gun and new shells. Plus, it features high mobility and maneuverability through a small powerpack and its advanced suspension and navigation system. The survivability of the K2 MBT has been reinforced with armored plates made of new material and an active protection system, while its 3D battlefield control capability has been enhanced with the Vetronics system and the combat command and control system. Furthermore, the K2 MBT incorporates advanced intellectualization of its various control systems, most notably including its newest fire control system, the company said.