Dropped lawsuit could mean South Korean companies cooperate on future warship building bids
HMAS Arunta, an Anzac-class frigate after its Mid-Life Capability Assessment in 2018. (Photo: BAE Systems)
Hanwha Ocean and HD Hyundai Heavy Industries could begin cooperating early in 2025 after both companies failed in their bids for Australia’s replacement fleet for its Anzac-class frigates.
Hanwha Ocean has withdrawn a legal complaint against HD Hyundai Heavy Industries in which it claimed Hyundai had been involved in the leaking of Hanwha warship design data.
The dropping of the suit has been widely read, as reported by the Korea Economic Daily on 24 November 2024, as the beginning of a cooperative effort between the two South Korean companies to win future warship and submarine building work. The development has followed on from both companies proving to be unsuccessful in bidding to build Australia’s replacement fleet for its Anzac-class frigates.
The suit itself arose during fierce competition to be involved in
Already have an account? Log in
Want to keep reading this article?
More from Naval Warfare
-
![How the use of artificial intelligence will affect the US Coast Guard’s acquisitions]()
How the use of artificial intelligence will affect the US Coast Guard’s acquisitions
The USCG is pursuing AI tools to improve the way the service conducts its procurement and fielding processes.
-
![US Coast Guard pursues solutions to increase maritime domain dominance]()
US Coast Guard pursues solutions to increase maritime domain dominance
The USCG is seeking technologies, services and applications to better connect its assets and speed up the decision-making process.
-
![Canadian Coast Guard’s OOSV delivery is “major milestone” in fleet modernisation]()
Canadian Coast Guard’s OOSV delivery is “major milestone” in fleet modernisation
The Polar Class 6 platform is the largest CCG science-dedicated vessel and will operate on the country’s east coast.
