Egypt emerges as new market for Korean arms exports

Egypt emerges as new market for Korean arms exports

The Black Eagles, the Korea Air Force’s aerobatic flight team, stages a performance during the Pyramid Air Show over the Giza Pyramids in Giza, Egypt, Thursday (local time). Courtesy of ROK Air Force

North African country interested in Korean military hardware

By Kang Seung-woo, Joint Press Corps

After a major arms deal with Poland, South Korea is now eyeing a new potential contender, Egypt, which is believed to be the second largest market for defense products after the United States.

Defense Procurement Plan The Air Force and KAI flew to Cairo on Friday to test the company’s FA-50 light attack aircraft, a variant of the T-50, according to the Korea Aerospace Industries (KAI), a delegation from the agency (DAPA). . A supersonic trainer jet jointly developed with Lockheed Martin.

The delegation also visited England and Poland before making a stopover in Cairo. Lee Bong-keun, vice president and general manager of international business at KAI, said:
Egypt, one of the largest military powers on the African continent and in the Middle East, plans to replace its trainers and fighters with the FA-50 and his newly developed KF-21 Borame jet fighter. considered a potential buyer. The
KF-21 was the first domestically built fighter under the KF-X program and successfully completed flight tests on July 19-29.

Egypt plans to purchase about 100 trainers, his second-largest number after his 500 required for each US military program. The Air Force and Navy recruit advanced tactical instructors.

Egypt shows interest in South Korean military equipment. The African nation signed a 2 trillion won ($1.5 billion) deal in February to buy about 200 K-9 self-propelled howitzers manufactured by South Korea’s Hanwha Defense. Prior to the deal, however, the North African nation had been in talks with KAI about procuring the FA-50 and producing the plane locally.

Egypt’s per capita income is $4,000, so it can be inferred that its industrial competitiveness is low. But many say the figures don’t really show how competitive the country is in the defense sector. owns M1A1 Abrams main battle tanks, most of which are locally manufactured, and has extensive experience in the local production of military equipment.

The delegation noted that South Korea’s technology, combined with Egypt’s experience and potential, would have a significant synergy effect and could meet Egypt’s military requirements, and that flying aircraft to South Korea would facilitate exports to third countries. I think it is even possible to “Egypt is the country with the best defense capability on the African continent and in the Middle East,” Lee said.

“Once the joint production and maintenance contract is signed, Cairo will become an important hub covering the entire African and Middle Eastern market.” It is directly linked to life and life, and is only possible with the highest level of trust between the two countries.”

The promotion to Egypt comes after Poland signed a “framework agreement” with South Korea last month to purchase 48 FA-50 jets, 980 K2 main battle tanks and 648 K9 howitzers. In recent years, according to his government.
Additionally, his KAI, the nation’s only aircraft manufacturer, aims to sell 1,000 of his FA-50s within a decade.
Last month, KAI president Ahn Hyun-ho said exporting 1,000 jets would open up a market worth 40 trillion won in sales and 100 trillion won in subsequent logistics support.

Credit/Source : KOREATIMES

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