Global partnership pushes Hanwha into final round of Aussie armored vehicle deal
Man-Su Choe
Aug 19, 2020 (Gmt+09:00)
Hanwha Defense Co. has reached the final stretch in a race to win Australia’s 5-trillion won (US$4.2 billion) project to buy new infantry fighting vehicles (IFVs), with its strategy of localization and global cooperation adding wind to the South Korean defense contractor’s bid to clinch the deal.
Hanwha said two of its initial tracked armored IFV vehicles, Redbacks, are set to arrive in Melbourne soon for local testing as the company makes its final push in a dual with Germany's Rheinmetall Defence Electronics GmbH.
“In addition to our advanced technology, our strategy to localize our business there helped us advance to the final round. We hope that the strategy will lead us to a deal,” said a Hanwha source.