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vehicles, core to the Korean army’s   manufactured by PT Pindad,        FNSS, in collaboration with PT
        maneuver warfare system, for        including medium tanks and tacti-   Pindad, developed a medium tank
        the first time. Early this year, the   cal transport vehicles for defensive   for the Indonesian Army.
        subsidiary of Korean auto giant     operations and peacekeeping
        Hyundai Motor Co., said Fábrica     missions.                           Manufacturing activities for the
        de Armas y Municiones del Ejército                                      Kaplan APC program are expected
        (FAME SAC) has picked the STX       “We hope that the handover of       to begin in 2025, with the first
        Corp.-Hyundai Rotem consortium      defense and security equipment      vehicle being produced at FNSS
        as a preferred bidder for a deal to   can revive trust in the domes-    facilities in Turkey and the second
        supply wheeled armored vehicles to   tic defense industry,” stated PT   by PT Pindad in Indonesia. The
        the Peruvian Army. Under the deal,   Pindad Director Abraham Mose.      vehicles, which are planned to be
        the Korean company will export                                          delivered by the end of 2026, will
        an initial batch of 30 of its K808   One of the key assets handed over   be designed according to end-user
        wheeled armored vehicles, worth     is the PT Pindad Pandur II 8×8, an   requirements. Qualification tests
        about US$60 million, to Peru and    armored personnel carrier designed  will be carried out by FNSS and PT
        then up to 120 units later.         for troop transport and fire support.  Pindad in Turkey and Indonesia.
        The K808 is an eight-wheeled infan-  Meanwhile, Turkish AFV manufac-
        try transport vehicle that replaces   turer FNSS and PT Pindad have     As the latest member of FNSS’
        the K511A1, also known as the       signed a development and produc-    Kaplan tracked AFV family, the
        Army Truck, used by the Korean      tion agreement to produce a Kaplan   Kaplan APC will incorporate all
        Army.                               armored personnel carrier (APC) for   enhancements made during the
                                                                                development of the Kaplan MT.
                                            the Indonesian Army.                The APC’s design architecture will
        Indonesian Fire Power               FNSS showcased the conceptual       feature “advanced ballistic protec-
        Emerging nations are increasing     design model of the Kaplan APC for   tion, best-in-class mine protection
        their focus on advanced weaponry    the first time at the Saha Expo, held   systems, and formidable firepower,
        systems, implementing vehicles to   in Istanbul in October.             ensuring superior survivability in
        protect against various threats, and                                    combat scenarios”, according to
        fueling market growth.              The agreement to meet the           FNSS.
                                            Indonesian Army’s requirement for
        For instance, in October this year,   a 30-ton-class tracked APC, comes   The rise in asymmetric warfare
        Indonesia’s army took delivery      after the successful Kaplan MT      is likely to lead to an increase
        of over 560 armored vehicles        (Harimau) program, under which      in demand for armored vehicles
                                                                                across the globe, analysts say.
                                                                                Also the adoption of electric tech-
          © US ArmySgt. Nicholas LaRocco
                                                                                nology for armored vehicles is likely
                                                                                to propel the market growth.

                                                                                The hybrid electric drive systems
                                                                                enable better silent mobility while
                                                                                providing possible military advan-
                                                                                tages by decreasing noise and
                                                                                boosting stealth capability. Hybrid
                                                                                technology will eventually decrease
                                                                                the armed forces’ dependency
                                                                                on fossil fuels and bring many
                                                                                technological and operational
                                                                                improvement, according to Fortune
                                                                                Business Insights, which track
                                                                                developments and provide market
                                                                                research data.
                                                                                The global armored vehicle market
                                                                                size was valued at US$22.28 billion
                                                                                in 2023 and is projected to grow
                                                                                from US$23.73 billion in 2024 to
                                                                                US$37.85 billion by 2032..

        8 |   NOVEMBER - DECEMBER 2024                                                      WWW.GBP.COM.SG/ADT
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