South Korea, Australia sign $930m deal to build howitzer plant

Moon, Morrison agree to cooperate on defense, supply chains at summit

KIM JAEWON, Nikkei staff writer

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.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.