SEOUL -- South Korea and Australia on Monday signed a $930 million deal to build a howitzer factory in Geelong, Victoria, that will supply 30 self-propelled howitzers to Canberra, paving the way for defense cooperation between the two countries in the Indo-Pacific region as China continues to expand its military presence.
Hanwha Defense's Australian unit agreed with the Capability Acquisition and Sustainment Group to build a production base in Geelong by 2040 to supply K-9 Thunder howitzers and 15 ammunition carriers. To date, Hanwha has supplied about 600 K-9 howitzers to six countries.