Nammo To Develop Modern 120mm Ammunition For Hyundai Rotem Companies’ K2 Main Battle Tanks
Channel: update defense
Date: 2022-10-18

Norwegian defense contractor Nammo has secured an agreement to develop new and modern 120mm ammunition for Hyundai Rotem Companies’ K2 main battle tank.
Nammo says the first test shots have already been fired.
Said Audun Dotseth, Vice President of Large Caliber Systems at Nammo, This is a major milestone for Nammo. The agreement with Hyundai Rotem Company (HRC) allows us to integrate and further develop our modern ammunition portfolio for the K2 main battle tank (MBT). This means more powerful ammunition for NATO countries using the K2, including Norway.
The agreement between the two companies has an initial value of $5 million for the R&D part, and likely more than $100 million if Nammo ends up producing and delivering 120mm ammunition to K2 users. Poland recently signed a contract to procure close to two hundred South Koren-made K2 tanks, in a deal where HRC will deliver a total of 1000 K2 MBTs with successive contracts. Norway is currently in the final stage of choosing a new MBT for its Army, the K2 is one of two candidates.
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