South Korea has agreed to supply K9 self-propelled howitzers to Egypt, in a deal worth more than $1.65bn, reported local news agency Yonhap.
Hanwha Defense, which manufactures the K9 howitzers, has signed an agreement with Egypt’s defence ministry to deliver the artillery systems.
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By GlobalDataThe scope of the agreement includes the transfer of technologies, as well as the production of K9s in Egypt, the news agency added, citing South Korea’s Defence Acquisition Program Administration (DAPA).
Other details of the deal, including the number of howitzers to be delivered, were not disclosed.
The deal follows a bilateral summit between South Korean President Moon Jae-in and his Egyptian counterpart Abdel Fattah el-Sisi last month.
The deal will make Egypt the first African nation to procure K9 self-propelled howitzers. The system is already being used by several other countries including India, Turkey, Poland, Norway, Finland, Estonia, and Australia.
DAPA chief Kang Eun-ho was quoted by Yonhap as saying: “It is an achievement made through a combination of technological cooperation, collaboration in terms of localised production, and pan-government support, which goes beyond just the transactional relationship between the two nations.”
The DAPA and Egyptian defence ministry signed a memorandum of understanding (MoU) to collaborate on defence research and developments.
The agreement comes a week after the US Defense Security Cooperation Agency (DSCA) cleared possible foreign military sales of C-130J-30 Super Hercules aircraft and air defence radar systems to Egypt.
The sales will have a combined estimated value of $2.55bn, with Lockheed Martin Aeronautics serving as the prime contractor.