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A South Korean weapons manufacturer that traditionally specialized in older, less advanced armaments is seizing on demand for 155mm howitzers by producing them faster than the West.
Hanwha Aerospace can build its K9 self-propelled howitzer in about six months at $3.5 million apiece, Bloomberg reported, estimating the company to be two to three times as fast as its competitors.
By comparison, French supplier Nexter was estimated to take about 30 months to deliver its Caesar self-propelled howitzer.
South Korean law prohibits defense contractors from exporting weapons to active combat zones.
South Korea's defense contractors have emerged as significant industry players, making the country the world's 10th biggest arms exporter, per the Stockholm International Peace Research Institute. »
