Peru K2 Black Panther & K808 Armored Vehicle Order

signed

Peru signed a strategic framework agreement with Hyundai Rotem for 54 K2 Black Panther tanks and 141 K808 armored personnel carriers, replacing aging T-54/55 fleet. First K2 export beyond Europe and largest Korean defense deal in Latin America. Includes $270M investment for local assembly plant with FAME joint venture, local production starting 2029.

Contract Details

Buyer Country
Peru
Buyer Entity
Peruvian Army
Seller Company
Hyundai Rotem
Contract Value
$1.4B
Quantity
195 units
Category
tank

Timeline

Announced

Oct 29, 2025

Signed

Dec 10, 2025

Delivery Start

Jun 1, 2026

Delivery End

Dec 31, 2030

Source

Defense Post

Features

Technology Transfer
Local Production

Offset Details

Joint venture between FAME (state-owned) and Hyundai Rotem for local assembly starting 2029.

Quick Info

Status
signed
Buyer
Peru
Value
$1.4B