South Korea's Hanwha wins $3.4bn-plus Australia defense contract

Armored vehicle to be produced at new Victoria plant in Seoul's arms export push

20230731N Hanwha tank

Hanwha built the Redback armored vehicle at the request of Australia's military. (Photo courtesy of Hanwha Aerospace)

KOTARO HOSOKAWA, Nikkei staff writer

SEOUL -- South Korean defense equipment giant Hanwha Aerospace has been selected as the preferred bidder to supply armored vehicles to Australia, as Seoul raises its profile in the field of arms exports amid Russia's invasion of Ukraine.

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