Technical Transfer
See also: MİTÜP AltayAfter competing against the Leclerc and Leopard 2, the K2 finally established its first export customer in Turkey. In June 2007, South Korea and Turkey successfully negotiated an arms deal contract worth ₩500 billion (approximately US$540 million) licensing the design of the K2, as well as exporting 40(+15) KT-1 trainer planes, to Turkey.
On July 30, 2008, South Korea's Rotem and Turkey's Otokar signed a contract worth $540 million for technological and design assistance, also technology transfer of some of the parts of the K2. The technology is to be incorporated to Turkey's own indigenous future main battle tank, dubbed MİTÜP Altay. As of May, 2009, no design details of the Altay tank have been made public. Despite sharing many subsystems with the K2, such as protective armor and main gun, it is expected to feature a different look and have different performance characteristics.
However, Turkey required partial dissolution of contractual coverage from the South Korean national-defense agency in January, 2011 for reasons of the delay in development.
Read more about this topic: XK2
Famous quotes containing the words technical and/or transfer:
“In effect, to follow, not to force the public inclination; to give a direction, a form, a technical dress, and a specific sanction, to the general sense of the community, is the true end of legislature.”
—Edmund Burke (1729–1797)
“I have proceeded ... to prevent the lapse from ... the point of blending between wakefulness and sleep.... Not ... that I can render the point more than a point—but that I can startle myself ... into wakefulness—and thus transfer the point ... into the realm of Memory—convey its impressions,... to a situation where ... I can survey them with the eye of analysis.”
—Edgar Allan Poe (1809–1849)