Hyundai Rotem Co. has secured a 250 billion won ($190 million) contract with South Korea's DAPA to supply K600 combat engineering vehicles to frontline Army and Marine Corps units by 2029, expanding its defense portfolio and supporting national security.
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Hyundai Rotem Signs Second-Phase K600 Armored Vehicle Production Deal with DAPA Worth 250 Billion Won
Hyundai Rotem Co. has secured a 250 billion won ($190 million) contract with South Korea's DAPA to supply K600 combat engineering vehicles to frontline Army and Marine Corps units by 2029, expanding its defense portfolio and supporting national security.
Yonhap Infomax
HD Hyundai Heavy Industries Wins 468.9 Billion Won 'Jangbogo-II' Submarine Upgrade Contract
HD Hyundai Heavy Industries secures a 468.9 billion won ($345 million) contract to upgrade three Jangbogo-II submarines, enhancing South Korea's naval capabilities with advanced systems by 2033.
Yonhap Infomax
KOSPI Edges Higher After US Stock Rally—Hanwha Aerospace Soars on Additional Defense Order
South Korea's KOSPI opened slightly higher after US stocks neared record highs, with Hanwha Aerospace surging over 5% on a major defense contract win.
Yonhap InfomaxKorean Army Deploys Self-Propelled Crossing Equipment for Enhanced Mobility
This technology is aimed at facilitating the rapid crossing of river obstacles by mobile units.