Business
Victoria and Korean manufacturer fight Queensland for $27b defence contract – The Age
Victoria has signed an agreement with Korea’s largest defence company, backing a bid for a military contract that would create a custom-built facility and 1000…
The Victorian government has signed a memorandum of understanding with Korea’s largest defence manufacturer on building armoured vehicles in Geelong from next year, escalating efforts to beat a Queensland-backed bid for an Australian military contract worth up to $27 billion.
Trade Minister Martin Pakula and Hanwha Australia managing director Richard Cho in front of Hanwha’s Redback vehicle on Tuesday.Credit:Wayne Taylor
The agreement marks a step up in the battle between Victoria and Queensland…
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