South Korean firm Samsung Techwin, in partnership with US company Raytheon, is expecting to clinch a AU$450m deal to provide the Australian Army with 18 155mm self-propelled artillery systems.
The company expects to clinch the deal after a consortium led by a German firm Krauss-Maffei Wegmann failed to participate in final tender negotiations with the Australian Government.
The German firm, in association with BAE Systems Australia, was seeking to supply its PZH-2000 guns.
The Samsung-Raytheon team is offering a modified version of the K-9 weapon.
The K-9, an indigenous all-welded steel armour construction rated to withstand impact by 14.5mm armour piercing shells, has been developed jointly with the state-funded Agency for Defence Development.
The self-propelled artillery system carries a 155mm/52 calibre gun with a maximum firing range of 40km and includes a 1,000-horsepower engine and a hydropneumatic suspension unit.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe government is expected to announce a final bidder as early as September, an official of the Defence Acquisition Programme Administration said.