South Korea’s Hyundai Rotem Pushes to Seal a US$2 Billion Peru Tank Deal

Peru · Defense Key Facts —The deal. Hyundai Rotem is working to finalize a supply of armored vehicles to Peru worth an estimated US$1.7–2.0 billion. —The hardware. The framework covers K2 main battle tanks and K808 wheeled armored carriers, replacing Peru’s obsolete Soviet-era T-55s. —Made in Peru. Korean partners plan an initial US$270 million plant…