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The Australian subsidiary of Hanwha Aerospace signed a 3.1 trillion won ($2.4 billion) deal Friday to sell 129 Redback infantry fighting vehicles to Australia, Korea s arms procurement agency said. ....
The Australian subsidiary of Hanwha Aerospace has signed a $2.4 billion contract with the Australian government to export 129 Redback infantry fighting vehicles (IFVs), the company and the Defense Acquisition Program Administration (DAPA) announced Friday. ....
[Courtesy of Hanwha Defense]SEOUL Hanwha Defense, a major defense company affiliated with South Koreas Hanwha Group, will open an earnest discussion with Polands state defense group on the potential joint development of a multiple rocket system and a new infantry fighting vehicle on the side ....
Three prototypes will be delivered soon for test and evaluation trials under Project Land 400 Phase 3. Hanwha Defense Australia and Team Redback on 12 January formally launched the AS21 Redback IFV, as they prepare to deliver three of the vehicles to compete in test and evaluation trials being conducted as part of the Risk Mitigation Activity (RMA) for Project Land 400 Phase 3. The new IFV is being offered to replace the Australian Army’s fleet of M113AS4 vehicles. In its standard IFV configuration, Redback will be able to accommodate three crew, eight passengers, an active protection system and a turret equipped with a 30mm cannon and ATGMs. Other variants utilising the same hull, such as a mortar carrier, will also be proposed. ....
Redback rivals the greenback. the government controls the currency and that s led to tensions between china and the u.s. and raised questions as to whether or not the chinese yuan is fairly valued. the dollar still dominates trade and finance, but with china s economy second only to the u.s., qu says it s only one stop in the battle for the top spot against the american dollar. and just yesterday chinese president hu jitao. our correspondents are following all kinds of developments in the next hour of the cnn newsroom. let s check in with stephanie ....