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Poland, South Korea Sign $5.8 Billion Tank, Artillery Deal

  • South Korea to supply K2 tanks, K9 howitzers to Poland
  • South Korea expects to sign fighter jet deal in September
A Hyundai Rotem K2 tank at the Seoul International Aerospace & Defense Exhibition.
A Hyundai Rotem K2 tank at the Seoul International Aerospace & Defense Exhibition.Photographer: SeongJoon Cho/Bloomberg

Poland and South Korea signed a contract for the supply of tanks and artillery to the European nation amid increasing tensions with Russia.

Hyundai Rotem Co. and Hanwha Defense Systems Corp. signed a $5.76 billion agreement for K2 tanks and K9 howitzers in Poland on Friday, the Defense Acquisition Program Administration said in a statement Saturday. The accord is part of a comprehensive arms deal between the two nations signed earlier this year under which South Korea will also supply FA-50 fighter jets.