South Korea’s Hanwha Group Acquires DSME
Hanwha Group signed a memorandum of understanding (MoU) with Daewoo Shipbuilding & Maritime Engineering (DSME) on September 26, acquiring 49.3 percent of the South Korean Shipbuilder's shares.
KAI unveils KF-21N carrier-borne aircraft at DX Korea 2022 expo
Korea Aerospace Industries (KAI) unveiled a scale model of the KF-21N carrier-borne fighter jet....
South Korean shipbuilders’ bidding conflicts
The Korean naval shipbuilding industry is facing a drastic change in its environment...
South Korea Unveils High-Speed Interceptor Craft – HSIC
South Korea's Defense Acquisition Program Administration (DAPA) developed a "high speed interceptor craft" (HSIC) dubbed "Phantom" capable of reaching a top speed of 60 knots.
DSME Faces Financial Loss with Indonesian Submarine Project
DSME is reportedly expected to face 90 billion KRW ($67 million USD) worth of financial loss...
LIG Nex1 unveils Sea Sword-V USV for ROK Coast Guard
LIG Nex1 showcased the new Sea Sword-V Unmanned Surface Vehicle (USV) for the ROK Coast Guard during an event in June...
South Korea’s HHI working on KDDX Basic Design
DAPA has confirmed to Naval News that Hyundai Heavy Industries (HHI) signed the Basic Design contract for the KDDX program at the end of 2020...
ROK Navy to allow female sailors on submarines
The Republic of Korea (ROK) Navy has decided internally to allow female sailors aboard its KSS III submarines.
ROK Navy Names New KDX III Batch II Destroyer ‘Jeongjo the Great’
The Republic of Korea (ROK) Navy announced it will christen the first ship in the new KDX III Batch II class of destroyers as "ROKS Jeongjo the Great".
Prospect: CVX and K-SSN in South Korea’s New Administration
Facing these potential security threats that originate from their military rise, the Korean Ministry of ...