Contract Tracker
Comprehensive database of Korean defense export contracts
What this tracker covers
KDReview tracks Korean defense export contracts by buyer country, seller, platform, value, and delivery status. Use it to follow major deals involving Hanwha Aerospace, Korea Aerospace Industries, Hyundai Rotem, LIG Nex1, and other Korean defense exporters.
Estonia Follow-On K239 Chunmoo MLRS Order (3 Additional Launchers)
Estonia · Hanwha Aerospace · $155M
Malaysia K-SAAM Haegung Ship-Launched SAM
Malaysia · LIG Nex1 · $94M
Finland K9 Thunder SPH Second Batch
Finland · Hanwha Aerospace · $642M
Romania K2 Black Panther MBT Negotiation
Romania · Hyundai Rotem · $7.0B
Indonesia KF-21 Boramae Export Agreement
Indonesia · Korea Aerospace Industries · $3.0B
Spain K9-Based Artillery Joint Development
Spain · Hanwha Aerospace · $5.3B
Total Contracts
52
Total Value
$147.7B
Buyer Countries
20
Active Companies
12
| Title↑↓ | Buyer↑↓ | Seller↑↓ | Product↑↓ | Value (USD)↑↓ | Status↑↓ | Date↓ |
|---|---|---|---|---|---|---|
| Estonia Follow-On K239 Chunmoo MLRS Order (3 Additional Launchers) | Estonia | Hanwha Aerospace | K239 Chunmoo | $155M | signed | May 11, 2026 |
| Malaysia K-SAAM Haegung Ship-Launched SAM | Malaysia | LIG Nex1 | K-SAAM Haegung | $94M | signed | Apr 22, 2026 |
| Finland K9 Thunder SPH Second Batch | Finland | Hanwha Aerospace | K9 Moukari | $642M | signed | Apr 9, 2026 |
| Romania K2 Black Panther MBT Negotiation | Romania | Hyundai Rotem | K2 Black Panther | $7.0B | announced | Apr 1, 2026 |
| Indonesia KF-21 Boramae Export Agreement | Indonesia | Korea Aerospace Industries | KF-21 Boramae | $3.0B | signed | Mar 31, 2026 |
| Spain K9-Based Artillery Joint Development | Spain | Hanwha Aerospace | K9-Based SPH System | $5.3B | signed | Mar 24, 2026 |
| UAE EDGE-DAPA Defense Cooperation Framework | United Arab Emirates | Hanwha Aerospace | Integrated air defense, aircraft, maritime systems | $35.0B | signed | Feb 27, 2026 |
| Norway K239 Chunmoo MLRS Selection | Norway | Hanwha Aerospace | K239 Chunmoo | $2.0B | signed | Jan 30, 2026 |
| Poland Chunmoo Guided Missile Contract | Poland | Hanwha Aerospace | Chunmoo CGR-080 Guided Missiles | $4.1B | signed | Dec 30, 2025 |
| Peru K2 Black Panther & K808 APC Framework Agreement | Peru | Hyundai Rotem | K2 Black Panther + K808 APC | $1.7B | signed | Dec 10, 2025 |
| LIG Nex1 Electronic Warfare Aircraft System | South Korea | LIG Nex1 | EW Block I Electronic Warfare System | $1.1B | signed | Dec 1, 2025 |
| Norway K9 VIDAR Third Order (24 Additional Howitzers) | Norway | Hanwha Aerospace | K9 VIDAR | - | signed | Dec 1, 2025 |
| Peru Next-Generation Submarine Joint Development | Peru | Hanwha Ocean | Next-Generation Submarine (joint development) | - | signed | Dec 1, 2025 |
| Saudi Arabia Cheongung-II Air Defense System | Saudi Arabia | LIG Nex1 | Cheongung-II (M-SAM) | $3.2B | signed | Nov 1, 2025 |
| Estonia K239 Chunmoo MLRS Order | Estonia | Hanwha Aerospace | K239 Chunmoo | $315M | signed | Oct 24, 2025 |
| Poland K2 Black Panther Second Implementation Contract | Poland | Hyundai Rotem | K2 Black Panther / K2PL | $6.5B | signed | Jul 2, 2025 |
| India Additional K9 Vajra SPH Order | India | Hanwha Aerospace | K9 Vajra-T Mk2 | $1.2B | signed | Jun 1, 2025 |
| Philippines FA-50 Light Combat Aircraft Order | Philippines | Korea Aerospace Industries | FA-50 | $900M | signed | Jun 1, 2025 |
| Iraq K2ME Black Panther Tank Negotiations | Iraq | Hyundai Rotem | K2ME Black Panther (Middle East variant) | $6.5B | announced | Jun 1, 2025 |
| Norway K239 Chunmoo MLRS Order | Norway | Hanwha Aerospace | K239 Chunmoo | $580M | signed | Mar 1, 2025 |
| Poland Additional K239 Chunmoo Ammunition Order | Poland | Hanwha Aerospace | CTM-290 Tactical Missiles | $1.6B | signed | Feb 1, 2025 |
| Saudi Arabia K9 Thunder SPH Order | Saudi Arabia | Hanwha Aerospace | K9A2 Thunder | $2.3B | signed | Jan 15, 2025 |
| KF-21 Boramae Block 1 Initial Production | South Korea | Korea Aerospace Industries | KF-21 Boramae Block 1 | $7.0B | in delivery | Jan 1, 2025 |
| Iraq KUH-1 Surion Helicopter Order | Iraq | Korea Aerospace Industries | KUH-1 Surion | $94M | signed | Oct 1, 2024 |
| Romania K9 Thunder Howitzer Order | Romania | Hanwha Aerospace | K9 Tunetul | $1.0B | in delivery | Jul 1, 2024 |
| Iraq Cheongung-II (M-SAM) Air Defense System | Iraq | LIG Nex1 | Cheongung-II (M-SAM Block II) | $2.8B | in delivery | Jun 1, 2024 |
| Romania K239 Chunmoo MLRS Order | Romania | Hanwha Aerospace | K239 Chunmoo | $1.3B | signed | Mar 1, 2024 |
| Poland K2PL Domestic Production Agreement | Poland | Hyundai Rotem | K2PL Black Panther | $10.0B | signed | Jan 15, 2024 |
| Philippines HDC-3100 Corvette Order | Philippines | Hanwha Ocean | HDC-3100 Corvette | $600M | signed | Jan 1, 2024 |
| Malaysia FA-50M Light Combat Aircraft Order | Malaysia | Korea Aerospace Industries | FA-50M Block 20 | $920M | in delivery | May 1, 2023 |
| Romania K9 Thunder SPH Order | Romania | Hanwha Aerospace | K9A2 Thunder | $920M | in delivery | Mar 1, 2023 |
| UAE K239 Chunmoo MLRS Order | United Arab Emirates | Hanwha Aerospace | K239 Chunmoo | $3.5B | in delivery | Feb 20, 2023 |
| Australia AS21 Redback IFV Selection | Australia | Hanwha Aerospace | AS21 Redback IFV | $5.1B | in delivery | Feb 1, 2023 |
| Canada LAV Modernization (Hanwha) | Canada | Hanwha Aerospace | LAV 6.0 ACSV / LAV Modernization | $3.0B | signed | Jan 1, 2023 |
| Saudi Arabia Naval Vessel Order | Saudi Arabia | Hanwha Ocean | Naval vessels | $1.0B | announced | Nov 1, 2022 |
| Poland K239 Chunmoo MLRS Order | Poland | Hanwha Aerospace | K239 Chunmoo | $3.5B | in delivery | Oct 1, 2022 |
| Poland K2 Black Panther MBT Order | Poland | Hyundai Rotem | K2 Black Panther | $5.8B | in delivery | Jul 27, 2022 |
| Poland K9 Thunder SPH Order | Poland | Hanwha Aerospace | K9A2 Thunder | $3.5B | in delivery | Jul 27, 2022 |
| Poland FA-50 Light Combat Aircraft Order | Poland | Korea Aerospace Industries | FA-50PL Fighting Eagle | $3.0B | in delivery | Jul 27, 2022 |
| UAE Cheongung-II (M-SAM) Air Defense System | United Arab Emirates | LIG Nex1 | Cheongung-II (M-SAM Block II) | $3.5B | in delivery | Jan 1, 2022 |
| Australia Huntsman SPH (K9 Variant) | Australia | Hanwha Aerospace | AS9 Huntsman | $1.0B | signed | Dec 1, 2021 |
| Egypt K9 Thunder SPH Order | Egypt | Hanwha Aerospace | K9A1-EGY Thunder | $1.7B | in delivery | Feb 1, 2021 |
| Estonia K9 Thunder SPH Order | Estonia | Hanwha Aerospace | K9 Thunder | $58M | completed | May 1, 2018 |
| Norway K9 Thunder SPH Order | Norway | Hanwha Aerospace | K9 VIDAR | $240M | completed | Jun 1, 2017 |
| India K9 Vajra SPH Order | India | Hanwha Aerospace | K9 Vajra-T | $700M | completed | Apr 1, 2017 |
| Finland K9 Thunder SPH Order | Finland | Hanwha Aerospace | K9 Moukari | $170M | completed | Feb 1, 2017 |
| Thailand T-50TH Advanced Trainer Order | Thailand | Korea Aerospace Industries | T-50TH | $400M | completed | Sep 1, 2015 |
| Iraq T-50IQ Advanced Trainer/Light Fighter Order | Iraq | Korea Aerospace Industries | T-50IQ | $1.1B | completed | Dec 1, 2013 |
| Philippines FA-50 Light Combat Aircraft Order | Philippines | Korea Aerospace Industries | FA-50PH | $420M | completed | Mar 1, 2013 |
| Peru KT-1 Basic Trainer Order | Peru | Korea Aerospace Industries | KT-1P Woongbi | $200M | completed | Jul 1, 2012 |
| Turkey T-50 Advanced Trainer Order | Turkey | Korea Aerospace Industries | T-50 | $400M | completed | Jan 1, 2011 |
| Indonesia KF-21 Joint Development Participation | Indonesia | Korea Aerospace Industries | KF-21 / IF-X | $1.6B | signed | Jan 1, 2010 |