Hyundai Heavy Industries has bagged a 634 billion won ($563 million) order to build two frigates.
Under the deal with South Korea's Defense Acquisition Program Administration, Hyundai Heavy will deliver the two 2,800-ton ships by 2023 to the country's Navy, Hyundai Heavy Industries said in a statement Thursday.
The ship, 122 meters long and 14 meters wide, will have a maximum speed of 30 knots. The ships will carry a naval gun, various missiles and host of weapons control systems, Hyundai Heavy said.
The ships will also adopt a hybrid electric drive propulsion system designed to reduce noise for more effective anti-submarine operations, the shipyard said.
With the order, Hyundai Heavy has clinched deals valued at a combined $13.3 billion so far this year to build 153 ships in total, surpassing this year's shipbuilding order target of $13.2 billion.
Hyundai Heavy Industries (HHI) has completed steel-cutting for the Philippine Navy (PN)s second missile-armed frigate at Pohang City, South Korea. In a statement Wednesday, PN said this was held at the Shin Hwa Tech facility, a sub-contractor of Hyundai Heavy Industries (HHI), the shipyard builder that won the PHP18-billion (US$333
Hyundai Rotem-built K-808 wheeled armored vehicle will be mass-produced in the second half of 2018 as it has satisfied operational requirements during a recent field test, the South Korean Defense Acquisition Program Administration (DAPA) said Monday. The vehicle designed and built by the Hyundai Rotem Co, a unit of Hyundai Motor Group, successfully underwent the test in field units, such as the Army's 25th and 37th Divisions, from April through last month,
South Korean Hyundai Heavy Industries and Indian Hindustan Shipyard (HSL) will build fleet support ships for the Indian Navy in both the nations. The agreement is expected to be inked in mid-2018
Hyundai has stopped auto production at its four factories in China as tensions between South Korea and Being rose over US deployment of Terminal High Altitude Area Defense anti-missile system. All four of its factories that have been in operation in China had stopped manufacturing vehicles as of Tuesday after a local parts supplier refused to supply components when Hyundai delayed payment
One Navy officer was killed and four were injured Friday in an accident involving a destroyer that returned home after an anti-piracy mission off Somalia. Yonhap News reported that the accident occurred at 1015 hours at a naval base in the southern port of Jinhae when a rope used to secure the 4,400-ton Choi Young destroyer to the dock snapped for an unknown reason, the report said quoting unknown officials
The South Korean Army will launch a new research institute on Artificial Intelligence (AI) later this week. The armed services will open the AI Research and Development Center under its Training and Doctrine Command on Tuesday, the Army was quoted as stating by Yonhap Moday
South Korea has completed preliminary design of a new 3,000-ton Changbogo III-class Batch-II submarine that features capabilities for longer-duration and speedier underwater operations. Daewoo Shipbuilding and Marine Engineering Co
The South Korean Army has resumed operation of its Surion choppers on Monday, months after they were grounded following the crash of the MUH-1 marine variant of KUH-1 Surion helicopter in July. An MUH-1 Marineon crashed at a military airport in the southeastern city of Pohang on July 17, killing five of the six Marines aboard and injuring the other
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