- Countries are pursuing a joint state takeover of KNDS, with France reducing its holding to 40% and Germany expected to purchase the remaining stake.
- Efforts are underway to expand in the European market, with NMBT designed to replace Ariete, and CAPINT representing a fusion of German and French halves.
The Defense Acquisition Program Administration is currently evaluating bids from Hanwha Aerospace and Hyundai Rotem for specific defense projects.
1 report, 1 independent
Updated Jul 2
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
The Defense Acquisition Program Administration is currently evaluating bids from Hanwha Aerospace and Hyundai Rotem for specific defense projects.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Hyundai Rotem developed a vehicle for the Defense Acquisition Program Administration in 2015.Sub-event
- Hanwha Group is expanding its U.S. defense presence, leasing a plant in Opelika and signing agreements with the Army.Sub-event
DAPA is choosing between Hanwha's Arion-SMET and Hyundai's HR-SHERPA.1 source
Keep exploring
The entities involved
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Defense Acquisition Program Administration
South Korean defence materiel procurement agency
Nothing else this week.
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Hanwha Aerospace
South Korean aerospace and defense company
Nothing else this week.
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Hyundai Rotem
South Korean machinery manufacturer
Nothing else this week.