Republic of Korea will dramatically increase the production of K2 Black Panther tanks and early warning aircraft - the authorities approved an investment of $ 2.66 billion

The Republic of Korea, against the backdrop of constant threats from the DPRK, needs more tanks and early aircraft

In this regard, the authorities have decided on additional investments that will allowdramatically increase the production of K2 Black Panther combat vehicles.

What is known

Defense Projects Promotion Committee(Defense Project Promotion Committee) has approved a program worth $1.46 billion. The project will operate over the next five years. This was stated by the Defense Acquisition Program Administration.

The department said in a statement that the acquisition of additional K2 Black Panther tanks will increase the ground forces' ability to wage war. At the same time, the number of combat vehicles has not yet been specified.

The Republic of Korea is also investing $2.2 billion inpurchase of additional early warning aircraft. They will strengthen the capabilities of the South Korean military in the aerial surveillance segment. The project will last until 2031. The number of aircraft is also not specified.