Latest news with #K2
UPI
a day ago
- Automotive
- UPI
Hyundai Rotem to sign $6.5 billion tank deal with Poland
Hyundai Rotem confirmed media reports that Poland had concluded talks about its second contract for K2 tanks, and that the deal would be signed soon. Photo courtesy of Hyundai Rotem SEOUL, July 4 (UPI) -- South Korean's Hyundai Rotem said that the defense company is set to sign a $6.5 billion deal with Poland to export its battle tanks. Hyundai Rotem confirmed media reports Thursday that Poland had concluded talks about its second contract for the supply of K2 tanks, known as the Black Panther, and that the deal would be signed soon. This deal not only will strengthen Poland's military, but also positions Hyundai Rotem as a major player in European defense markets, business observers said. The tanks, which have a range of more than 300 miles, are equipped with a 120mm smoothbore gun with autoloader, plus 12.7mm and 7.62mm machine guns Utilizing a three-person crew, they can track targets up to 6 miles, according to published reports. "We have confirmed the facts with the Polish armament agency," Hyundai Rotem said in a regulatory filing, adding the deal's value was already decided at $6.5 billion. South Korea's Defense Acquisition Program Administration, or DAPA, said Wednesday the two sides were coordinating a date for the signing ceremony and other details. However, neither Hyundai Rotem nor the DAPA disclosed how many tanks would be provided to Poland. Observers estimate that to be 180. In July 2022, Hyundai Rotem inked a framework agreement to export up to 1,000 K2 tanks to Poland. The following month, it signed the first contract worth $3.3 billion for delivery of 180 tanks assembled in South Korea. As of the end of last month, Hyundai Rotem shipped 133 tanks and the remaining 47 will be delivered later this year, according to the company. Hyundai Rotem and Poland have since worked on the second-batch contract, under which around one-third of K2 tanks are expected to be manufactured in Poland. Beyond the second-batch deal, Hyundai Rotem may secure further orders under the executive contract signed in July 2022.
Time of India
a day ago
- Time of India
‘Killer mountain': Czech mountaineer Klara Kolouchova dies climbing Nanga Parbat; summited Everest and K2 before
Klara Kolouchova, 46, a well-known mountaineer from the Czech Republic, has lost her life while climbing the Nanga Parbat, the ninth highest mountain in the world, on Thursday, around 4 am, as per an official of the Alpine Club of Pakistan said on Friday. She had allegedly fallen from a height between Camp I and Camp II early on Thursday, near the Bunar Base Camp of the 8,125-metre peak in the Diamer region of Gilgit-Baltistan, Pakistan-occupied Kashmir (PoK). 'Authorities and rescue teams were immediately alerted and dispatched. Recovery efforts are currently underway to locate and retrieve her body from the fall site,' said Karrar Haidri, vice president of the Alpine Club of Pakistan, through a WhatsApp message, as reported by PTI. Klara Kolouchova was accompanied by her husband and five other team members and arrived in Pakistan on June 15 to attempt the ascent of the mountain. She was an acclaimed mountaineer and globally known as the first Czech woman to climb Mt. Everest and K2. Her last post on Instagram was on June 14 from Islamabad, with a picture of the C2 in 2024, 'Last year, the Naked Mountain laid me bare. Stripped me to silence, to stillness, to soul. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Birla Evara 3 and 4 BHK from ₹ 1.75 Crore* Birla Estates Learn More Undo This is the view from C2 in 2024. This time, we aim higher. This time, we summit.' Haidri did not immediately cite a reason for her fall and ultimate demise, but local media reports indicate that it might have been triggered by an oxygen-cylinder explosion. Nanga Parbat is dubbed the 'Killer Mountain' as many mountaineers die while climbing the summit regularly. The mountain derives its name from the Sanskrit words of 'Nanga' and 'Parvata,' which directly translate to 'naked mountain'. It is among the 14 peaks that are over 8,000 metres and more than 95 mountaineers have lost their lives so far while climbing the mountain. 31 of them died before it was first scaled in 1953. Taliban militants had also killed 10 foreign climbers on June 23, 2013.
NDTV
a day ago
- Sport
- NDTV
Czech Mountaineer Dies On Pakistan's 'Killer Mountain' Nanga Parbat
A Czech mountaineer fell to her death on the world's ninth-highest peak, Pakistan officials said Friday, becoming the first casualty of the summer climbing season in the country. Klara Kolouchova, 46, the first Czech woman to summit the world's two highest mountains, died Thursday after falling on the lower slopes of Nanga Parbat. The 8,125-metre (26,656-foot) mountain is one of the world's most dangerous climbs with a reported one-in-five fatality rate. "Her feet slipped from a slope and she fell into a ravine," Nizam-ud-Din, a senior local government official in Diamer district, told AFP, adding that one of her team members reported the death. "The exact location of her body will first be traced. Once confirmed, appropriate rescue operations will be initiated to retrieve the body by using a helicopter service." Five of the globe's 14 mountains above 8,000 metres are in Pakistan, including the world's second highest mountain, K2. Himalayan peak Nanga Parbat earned the nickname "killer mountain" after more than 30 people died trying to climb it before the first successful summit in 1953. The Alpine Club of Pakistan also confirmed Kolouchova's death. "She was an inspirational climber and a source of motivation for women mountaineers," Karrar Haidri, the vice president of the Alpine Club of Pakistan, told AFP. "Her death leaves a void in the climbing fraternity," he added. Her last post on Instagram on June 14 from Islamabad was a photo and video of her unsuccessful bid to climb the same mountain in 2024. "Last year, the Naked Mountain laid me bare. Stripped me to silence, to stillness, to soul," the caption read. "This time, we aim higher. This time, we summit," she added. The incident is the first casualty of the summer season, according to the Alpine Club, which monitors climbing expeditions in the country. The summer climbing season starts in early June and runs until late August. (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Nikkei Asia
2 days ago
- Automotive
- Nikkei Asia
South Korea wraps up talks toward potentially biggest-ever defense deal
Polish soldiers ride the South Korean-made K2 Black Panther tank during training in Poland on June 24. © Reuters STEVEN BOROWIEC SEOUL -- South Korea's weapons development authority announced the completion of negotiations for what is said to be the biggest deal in the history of the country's arms industry, marking a step forward for the ascending weapons manufacturer. The Defense Acquisition Program Administration said in a news release on Wednesday that Hyundai Rotem, a privately owned South Korean company, had concluded talks with Poland to supply K2 tanks. The agency did not disclose the size of the contract, but in a research report, Mirae Asset Securities valued it at $6.7 billion for the provision of 261 tanks.
Nikkei Asia
3 days ago
- Automotive
- Nikkei Asia
South Korea's Hyundai Rotem to sign K2 tank order worth $6.5bn with Poland
Polish soldiers ride the South Korean-made K2 Black Panther tank during training in Poland on June 24. © Reuters SEOUL (Reuters) -- Poland has completed negotiations with South Korea's Hyundai Rotem to receive a second batch of K2 tanks and plans to sign a contract, South Korea's defense procurement agency said on Wednesday. The specific size of the contract will be disclosed later, South Korea's Defense Acquisition Program Administration said in a statement. On Thursday, Hyundai Rotem said in a regulatory filing the Polish arms procurement agency has confirmed the contract was worth $6.5 billion. It said further details of the deal would be announced in a later filing. The Yonhap News Agency has said the deal was to supply 180 tanks. In 2022, Poland and Hyundai Rotem agreed a supply deal for the first batch, or 180 K2 tanks. While the first contract focused on Korean-made vehicles that could be quickly supplied as Poland moved swiftly to boost its military amid Russia's war in neighboring Ukraine, the second batch is expected to grant the South Korean arms maker a more permanent foothold in Europe. DAPA said a production facility in Poland would be established, with a large number of K2 tanks to be assembled locally through cooperation between Hyundai Rotem and Polish defense companies.
