South Korea continues to show its willingness to set up licensed production facilities for its armoured vehicles in other countries.
Peru has taken a major step toward building a modern defense industrial base, inaugurating a new assembly plant that will produce advanced armored vehicles under a long-term partnership with South Korea. Peruvian President Jose Enrique Jeri Ore officially opened the
defence-blog.com
So Peru with a population a little smaller than Canada (35 million vs 42 million in Canada) but a substantially smaller GDP ($222 Billion vs $1.7 Trillion for Canada) will be getting a fleet of 150 x K2 MBTs with 104 of them to be domestically produced (along with a variety of other wheeled AFVs and LTVs).
While my preference has always been to replace our Leopards with the next gen Abrams for commonality with the US (and possible GDLS-C) assembly/maintenance, it might be worth our while to get a Hyundai plant here for domestic production...and produce enough for all three of our Armoured Regiments to be Tank Regiments (plus additional Reserve vehicles) to give the plant enough ongoing production to make economic sense. Maybe we could even shift to the
K3 MBT if/when it comes online.