Hanwha Aerospace, a subsidiary of Hanwha Group - an aerospace industrial company established in 1977 - will export its new infantry fighting vehicle (IFV), the ‘Redback’, to Australia. The vehicle is part of Hanwha Aerospace’s broad portfolio of products and services in land combat vehicles.
Hanwha Defense Australia (HDA) has signed a deal with The Australian Capability Acquisition and Sustainment Group (CASG) to export Redback. The deal was announced by the Defense Acquisition Program Administration (DAPA) of S. Korea on December 8. The contract is for 129 units and is valued at $2.4 billion (3.15 trillion won).
In July, Redback was selected as the preferred bidder for LAND 400 Phase 3. LAND 400 Phase 3 is a $18-21 billion project aimed at procuring and supporting up to 450 next-generation infantry fighting vehicles (IFVs).
RedBack was chosen as Australia’s next armored vehicle after competing against European IFVs.
“This achievement demonstrates the strength of Korea’s weapon systems in the global defense market and is the result of multifaceted support from the entire government, including the Ministry of Defense, the Ministry of Foreign Affairs, the Radiation Agency, and the Army, led by the Office of National Security of Korea,” an official from the DAPA said.
This article was originally published on Dec. 8, 2023.