Hyundai Rotem's K-808 wheeled armored vehicles is seen in this photo provided by Hyundai Rotem. Yonhap

Korean defense firm Hyundai Rotem has been selected as a preferred bidder to export 30 K-808 White Tiger wheeled armored vehicles to Peru, the company said Thursday.

STX Engine will serve as the main contractor for the deal, while Hyundai Rotem will supply the vehicles to the Peruvian Army.

The deal, valued at approximately 82.8 billion won ($601.6 million), is anticipated to be formalized later this month, according to company officials.

If finalized, it would mark Korea's first exports of armored vehicles to Latin America.

The K-808 is an eight-wheeled infantry transport vehicle designed for fast troop deployment and reconnaissance missions in front-line areas.

Last month, Korean shipbuilder HD Hyundai Heavy Industries signed a 640.6 billion-won contract to build four warships for the Peruvian Navy jointly with a local shipyard. (Yonhap)