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South Korea Secures About $6.7 Billion Deal to Deliver 180 K2 Tanks to Poland

The agreement opens local production of 63 Poland-specific K2PLs in a new facility with deliveries scheduled under a 2022 defense pact

This photo, provided by Hyundai Rotem Co., shows the arrival of the South Korean arms maker's K2 battle tank in the Polish port city of Gdynia on March 20, 2024. The company said it has shipped 18 K2 tanks to Poland from March 12-20 under a contract to deliver a total of 180 units to the Eastern European country. (PHOTO NOT FOR SALE) (Yonhap)
This June 18, 2024, file photo shows a K2 tank taking part in training in the border county of Yeoncheon in Gyeonggi Province. (Yonhap)
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Overview

  • The Defense Acquisition Program Administration confirmed on July 2 that Seoul and Warsaw signed a second-phase contract for 180 K2 Black Panther tanks valued at roughly $6–6.7 billion.
  • Hyundai Rotem will manufacture 117 tanks in South Korea while Poland’s PGZ will assemble 63 K2PL variants at a newly planned domestic facility.
  • The deal marks President Lee Jae Myung’s first large-scale arms export and could become South Korea’s single-largest defense contract to date.
  • Negotiations had stalled for nearly three years due to expanded scope requirements for a Poland-specific variant and local production alongside funding challenges.
  • Officials say the pact aligns with the EU’s rearmament initiative and NATO’s defense spending goals, offering a model for future European cooperation.