South Korean company Hyundai Rotem announced on 26 December that it has been awarded contracts for the mass production of the K600 combat engineer vehicle (CEV) for the Republic of Korea Army (RoKA) as well as for the upgrade of additional K1 main battle tanks (MBTs) to K1E1 standard.
The company said in a statement that the contract for the K600 CEV, which is also known as the Korean Combat Engineer Vehicle or KCEV, is worth KRW174.3 billion (USD149.9 million), with delivery of the first mass-produced units expected to begin in 2020.
The K1 upgrade deal – the third such contract awarded so far – is worth KRW68.7 billion, said Hyundai Rotem, adding that the first K1E1s under this contract are set to be handed over to the RoKA in 2022.
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