Peru to buy South Korea's K2 battle tanks, armored vehicles in $1.5 billion deal

By Cho In-hyeok Posted : December 10, 2025, 11:24 Updated : December 10, 2025, 11:24
A K2 tank fires at a target during an event hosted by the Army's 11th Mobile Division in Hongcheon, South Korea.
K2 tanks fire at a target in a drill in Hongcheon, Gangwon Province. Yonhap


SEOUL, December 10 (AJP) - Peru has agreed to purchase South Korea’s domestically developed K2 main battle tanks, becoming the first Latin American country to acquire the platform, South Korea’s presidential office said on Wednesday.

The contract, valued at about 2 trillion won ($1.5 billion), covers the supply of 54 K2 tanks and 141 armored vehicles, for a total of 195 units, and represents South Korea’s largest-ever defense export to Latin America.

If implemented, the deal would mark the first deployment of K2 tanks in the Latin American region.

President Lee Jae Myung welcomed the signing, saying it would significantly strengthen defense cooperation between the two countries and emphasizing the importance of building a mutually beneficial defense partnership.

The signing ceremony was held in Peru on Sunday afternoon local time and was presided over by Peru’s President Jose Harry. Lee Yong-chul, head of South Korea’s Defense Acquisition Program Administration, attended the event on behalf of the Korean government.

* This article, published by Aju Business Daily, was translated by AI and edited by AJP.

Copyright ⓒ Aju Press All rights reserved.

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