SIMA Peru and HD Hyundai Heavy Industries signed a Letter of Intent (LoI) to jointly design and jointly produce the future submarines of the Peruvian Navy.
SIMA Perรบ press release – Translated by Naval News
Following the Memorandum of Understanding (MOU) signed during the APEC 2024 Summit and the Memorandum of Agreement (MOA) signed at SITDEF 2025, the General Manager of Servicios Industriales de la Marina (SIMA Perรบ S.A.), Rear Admiral Luis SILVA Lรณpez, made an official visit to the Republic of Korea to sign a Letter of Intent (LoI) with the President of HD Hyundai Heavy Industries (HD HHI), Ph.D. WON HO JOO.
This important agreement reflects the willingness of both institutions to work together on the co-development of the technical design for future submarine unitsโa challenge that will foster technological growth and consolidate SIMA Perรบโs leadership in the region.
The signing ceremony was also attended by the Minister of Foreign Trade and Tourism of Peru, Ms. Teresa Stella Mera Gรณmez; the Commander General of the Peruvian Navy, Admiral Javier Bravo de Rueda Delgado; the Ambassador of Peru to Korea, Mr. Paul Duclos Parodi; and the Director for Asia and Oceania at the Ministry of Foreign Affairs of Peru, Ambassador Fernando Quiroz Campos, as well as representatives from DAPA, HD HHI, and POSCO International.
The signing of this document marks a new milestone in technological and strategic cooperation between SIMA Perรบ and HD HHI, reaffirming their commitment to strengthening Peruโs national shipbuilding industry in the areas of construction and maintenance, supported by technology transfer programs, personnel training, and participation of local companies. Once again, the Peruvian naval industryโand particularly SIMA Perรบโs submarine divisionโis being reinforced.
During the visit, the General Manager carried out a technical tour of Hyundaiโs shipyard facilities, where he observed the engineering and production capabilities that make HHI a global leader in the shipbuilding sector.
This collaboration will help boost Peruโs technological autonomy in the naval and defense industries, while also strengthening SIMAโs presence in regional and international markets.
Each alliance we forge drives the future of the Peruvian naval industry and strengthens the nationโs sovereignty.
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Check out our coverage of the future submarine for Peru during SITDEF 2025: