Korean Defense Export Contracts in 2024
8 South Korean defense export contracts announced in 2024 worth $19.2B, with India, Iraq, Philippines, Poland and 2 more, covering K9 Vajra-T Mk2, KUH-1 Surion, K9 Thunder (K9 Tunetul), Cheongung-II (M-SAM Block II) and 4 more systems. Values, buyers, sellers, and delivery status.
Contracts
8
Total Value
$19.2B
Buyer Countries
6
Korean Sellers
5
Largest Deals of 2024
All 2024 Contracts
| Contract | Buyer | Seller | Value | Status | Announced |
|---|---|---|---|---|---|
| India Additional K9 Vajra SPH Order | India | Hanwha Aerospace | $253M | signed | Dec 20, 2024 |
| Iraq KUH-1 Surion Helicopter Order | Iraq | Korea Aerospace Industries | $94M | signed | Oct 1, 2024 |
| Romania K9 Thunder SPH Order | Romania | Hanwha Aerospace | $1.0B | in delivery | Jun 19, 2024 |
| Iraq Cheongung-II (M-SAM) Air Defense System | Iraq | LIG Nex1 | $2.8B | in delivery | Jun 1, 2024 |
| Romania K239 Chunmoo MLRS Order | Romania | Hanwha Aerospace | $1.3B | signed | Mar 1, 2024 |
| Saudi Arabia Cheongung-II Air Defense System | Saudi Arabia | LIG Nex1 | $3.2B | signed | Feb 6, 2024 |
| Poland K2PL Domestic Production Agreement | Poland | Hyundai Rotem | $10.0B | signed | Jan 15, 2024 |
| Philippines HDC-3100 Corvette Order | Philippines | Hanwha Ocean | $600M | signed | Jan 1, 2024 |