South Korea considers cancellation of second AH-64E Apache helicopter purchase
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- Total addressable market sizing ($)
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- Increasing closing order value
- Estimating product potential
- Calculating sales forecasting
- Supply and demand analysis
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South Korea is considering scrapping its 36 AH-64E Apache helicopter buy, after a major cut in defence budget and shift in the country's defence priorities towards uncrewed aerial systems (UAS).
The National Assembly approved the cuts which saw budget for the programme reduced from KRW10 billion (US$7.3 million) to KRW300 million.
The plans originally sought to acquire 36 helicopters by 2028 at a cost of KRW 3.3 trillion (US$2.49 billion) - the second phase in the country's attack helicopter acquisition programme. The country already operates 36 AH-64E Apache helicopters, which finished delivery in 2017.
The AH-64 rotorcraft were chosen to
The National Assembly approved the cuts which saw budget for the programme reduced from KRW10 billion (US$7.3 million) to KRW300 million.
The plans originally sought to acquire 36 helicopters by 2028 at a cost of KRW 3.3 trillion (US$2.49 billion) - the second phase in the country's attack helicopter acquisition programme. The country already operates 36 AH-64E Apache helicopters, which finished delivery in 2017.
The AH-64 rotorcraft were chosen to
