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South Korea and Egypt signed memorandum understanding 18 december 2009 cooperation defense industry.

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South Korea and Egypt signed a memorandum of understanding Dec. 18 on cooperation in the defense industry, the Defense Acquisition Program Administration (DAPA) here said. Signed by DAPA Commissioner Byun Moo-keun and his Egyptian counterpart Sayed Meshaal, minister of state for military production, the agreement calls for boosting cooperation between defense manufacturers in both countries in production and acquisition, according to the release. Both sides will also establish a defense cooperation committee to explore ways of meeting each other's defense needs, it said. "This MoU with Egypt is expected to serve as a springboard for South Korean firms to export its defense products to African nations," one DAPA official said. A potential export item for South Korea is the K9 Thunder self-propelled howitzer built by Samsung Techwin, the official said. "Egypt plans to equip its army with advanced self-propelled howitzers. The K9 Thunder would compete for the acquisition plan," he said. South Korea and Egypt signed a memorandum of understanding Dec. 18 on cooperation in the defense industry, the Defense Acquisition Program Administration (DAPA).

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