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S. Korea’s 1st Military Training Vessel Delivered to Navy

S. Korea’s 1st Military Training Vessel Delivered to Navy

SEOUL, Oct. 21 (Korea Bizwire) — The Navy has received the military’s first vessel designed for training, the arms procurement agency said Wednesday, as the country pushes to enhance naval combat capabilities. The 4,500-ton Hansando is equipped with stealth functions and a computer-based training system to allow trainees to take part in simulated combat exercises, [...]

Daewoo Shipbuilding Bags 1.1 tln-won Deal to Build Upgraded Submarine

Daewoo Shipbuilding Bags 1.1 tln-won Deal to Build Upgraded Submarine

SEOUL, Oct. 11 (Korea Bizwire) — Daewoo Shipbuilding & Marine Engineering Co., a major shipbuilder in South Korea, said Friday it has signed a deal worth 1.1 trillion won (US$924 million) to design and build an upgraded submarine for the country’s Navy. Under the deal with the Defense Acquisition Program Administration (DAPA), Daewoo Shipbuilding will [...]