Procurement: Will Barter For U-Boats

Archives

July 8, 2008: South Korea and Indonesia have cooked up an interesting barter deal. Indonesia wants some new subs. South Korea needs more maritime patrol aircraft. The deal will have two South Korean built Type 209 subs (costing about $200 million each) going to Indonesia, while eight new CN-235 two engine transports (easily converted to maritime patrol, and costing about $40 million each) going to South Korea. There are other items involved in the trade, but those subs and aircraft are the main items. The CN-235s were jointly developed by Spain and Indonesia. The South Korean subs are based on German designs.

 

X

ad

Help Keep Us From Drying Up

We need your help! Our subscription base has slowly been dwindling.

Each month we count on your contribute. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage.
Subscribe   contribute   Close