Hanwha Techwin, previously Samsung Techwin, was declared as the winning bidder for the Department of National Defense’s Amphibious Assault Vehicle (AAV) acquisition project, according to MaxDefense. MaxDefense said that the Notice of Award was already provided.
The contract price for the acquisition of eight brand-new AAVs is PhP2.423 billion. These amphibious vehicles will render service to Philippine Marine Corps of Philippine Navy when delivered. Approved budget for the said acquisition was PhP2.5 billion.
South Korean Hanwha Techwin and American BAE Systems are producing AAV7A1 vehicles. Amphibious vehicles produced by the South Korean manufacturer are designated as KAAV7A1 (KAAV).
This project was among the seven multi-year contract projects that President Aquino approved. The approval also included two frigates, two anti-submarine helicopters for Philippine Navy; two long-range patrol aircraft, six close-air support aircraft, munitions for FA-50 and three air surveillance radars for the Philippine Air Force.
Meanwhile, units of Philippine Marines have conducted AAV familiarization training event with their American counterparts April 4, during the conduct of Balikatan 2016.