South Korea lines up new warship contracts
The Republic of Korea Navy (ROKN) will continue to grow in capability, with new contracts for destroyers, submarines and a next-generation LHD awarded to indigenous shipbuilders in recent days.
Hyundai Heavy Industries (HHI) was awarded a KRW676.6 billion ($610 million) contract by the Defense Acquisition Program Administration (DAPA) on 10 October to build a first-of-class 8,100t Aegis guided-missile destroyer by November 2024
The ROKN will eventually receive three of this Gwanggaeto the Great Ⅲ destroyer by 2028, with the Defense Project Promotion Committee formally approving plans for their purchase on 30 April. HHI had received a design contract
Already have an account? Log in
Want to keep reading this article?
You may also like
More from Naval Warfare
-
![Hanwha Ocean and TKMS are firming up their Canadian next-gen submarine proposals]()
Hanwha Ocean and TKMS are firming up their Canadian next-gen submarine proposals
CPSP competitors are proposing platforms fitted with advanced, next-generation capabilities to be built and sustained in cooperation with the Canadian industry.
-
![UK’s $1 billion AUKUS support request signals strong ongoing US collaboration]()
UK’s $1 billion AUKUS support request signals strong ongoing US collaboration
The latest foreign military sales request from the UK has implications for the future of the programme and collaboration between the three nations.
-
![US Coast Guard prepares acquisition process of up to seven light icebreakers]()
US Coast Guard prepares acquisition process of up to seven light icebreakers
The USCG plans to award a contract this year for the construction of Homeland Security Cutters. The new vessels will replace the 60-plus-year-old fleet of Light Icebreaking Tugs.
-
![RTX Raytheon enhances SM-3 and SM-6 production capacity]()
RTX Raytheon enhances SM-3 and SM-6 production capacity
The expansion of the Redstone facility in Alabama will enable Raytheon to increase production of Standard Missiles in the location by 50% and support Washington in refilling stockpiles after recent operations have depleted the Pentagon’s reserves.
-
![What the rise of interoperability between Western allies means for defence procurement]()
What the rise of interoperability between Western allies means for defence procurement
Major naval initiatives including the European Patrol Corvette programmes and Norway’s UK partnership-focused purchase of Type 26 frigates point to the growing interest in the advantages of commonality across allied navies.
