Daewoo has signed a deal with the Indonesian Defence Ministry to provide armoured vehicles.
The $70m deal was procured with assistance from the Defense Acquisition Program Administration’s (DAPA) military diplomacy and the Export-Import Bank of Korea.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
DAPA is South Korea’s weapons procurement agency and the bank will provide financial support as part of the deal.
Production of the vehicles has already begun, with deliveries scheduled to be made before the end of 2013.
The company has also procured deals from the Indonesian Navy and Air Force in the recent past.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
