Lockheed Martin and Daewoo Shipbuilding & Marine Engineering (DSME) have signed an agreement to partner on the Multi-mission Combat Ship (MCS), which is based on a DSME hull design and intended for the corvette market.
"DSME's MCS hull design coupled with Lockheed Martin's expertise in program and systems integration will allow the team to bring this capable ship to the international marketplace at an affordable price," said Joe North, vice president of Littoral Ships and Systems at Lockheed Martin Mission System and Training. "Together, we bring not only the best experience, expertise and resources, but also the right dedication and focus to offer coalition navies a multi-mission corvette-sized ship designed to meet future threats."
"This Teaming Agreement on MCS and strategic cooperation will not only provide our customers with high capability vessels on time, but also further facilitate our two companies' joint efforts in exploring opportunities on a global scale," said Deog-Soo Kim, vice president and the head of the Naval & Special Ship Business Management Division at DSME. "Moreover, the Korean government is pursuing 'New-Economic Growth Activation by Defense Industry' as one of the state development agendas and this agreement is a good example of achieving the objective."
Lockheed Martin and DSME are continuing to explore additional business opportunities in the international naval market where integrated, multi-mission corvettes will play a vital role in coastal protection as well as regional operations.
South Korea-based Daewoo Shipbuilding & Marine Engineering has introduced for the first time its Missile Surface Corvette (MSC) at DSA 2014 in Malaysia. Defenseworld
Daewoo Shipbuilding and Marine Engineering has been awarded a contract by the UK Ministry of Defense to build four Military Afloat Reach and Sustainability (MARS) tankers for the Defence Science and Technology Laboratory (DSTL). The tankers will replace the aging fleet of single-hulled tankers and will maintain the Royal Navy’s ability to refuel at sea and provide fuel to individual warships
Lockheed Martin has won $424 million contract to provide AN/GPQ-11(V) Threat Radar Emitter Simulations products in support of the US Navys Aircrew Electronic Warfare Tactical Training Range (AEWTTR) project. The contract also includes services and other target/threat simulators and peripheral equipment for the AEWTTR project, the US Department of Defense said in a statement Thursday
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