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.
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.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData