K2 Black Panther
Exports
After competing against the
Leclerc and
Leopard 2, the K2 finally established its first export customer in
Turkey. In June 2007, South Korea and Turkey have successfully negotiated for an arms export deal contract worth
₩500 billion (approximately USD$540 million) which will license the design of the K2, as well as exporting 40(+15)
KT-1 trainer planes, to Turkey.
[1]
On July 30, 2008, South Korea's
Rotem and Turkey's
Otokar signed a contract worth $540 million for direct technology transfer of the engine, transmission, autoloader and reactive armor of the K2. The technology is to be incorporated to Turkey's own indigenous future main battle tank, dubbed
MİTÜP Altay. Design details of the Altay tank has not been made public as of May, 2009, but albeit sharing many subsystems with the K2, it is expected to feature a different general look and performance characteristics.