In November 2024, Hyundai Rotem signed a strategic defense agreement with Peru to supply K2 Black Panther tanks and K808 wheeled armored vehicles. This agreement was formalized in Lima.
Hyundai Rotem also did a promotion showcased the K2 Black Panther at the SITDEF 2025 defense exhibition in Lima.
Theres also reports indicate that the first batch of K2 tanks arrived in Peru in March 2025, signaling the commencement of this modernization program.(although need citation).