Daewoo to sign $1.1 bln submarine deal with Indonesia by November
 
Daewoo Shipbuilding & Engineering said on Monday that it aimed to seal a $1.1 billion agreement with the Indonesian government by November to build three submarines.

Daewoo Shipbuilding & Engineering said on Monday that it aimed to seal a $1.1 billion agreement with the Indonesian government by November to build three submarines.
The South Korean shipbuilder said in a statement that this would mark the first exports of submarines from the country.
"We have launched talks to sign a submarine contract with Indonesia's defense ministry and marine," Daewoo said in a statement.

 
a
World Navy Force News - South Korea/Indonesia
 
 
 
Daewoo to sign $1.1 bln submarine deal with Indonesia by November
 
Daewoo Shipbuilding & Engineering said on Monday that it aimed to seal a $1.1 billion agreement with the Indonesian government by November to build three submarines.
The South Korean shipbuilder said in a statement that this would mark the first exports of submarines from the country.
"We have launched talks to sign a submarine contract with Indonesia's defense ministry and marine," Daewoo said in a statement.
     
Daewoo Shipbuilding & Engineering said on Monday that it aimed to seal a $1.1 billion agreement with the Indonesian government by November to build three submarines.
Republic of Korea Submarine Chang Bogo - SSK 61.
The 3 submarines for Indonesia will be a custom version of this Type 209 class
(picture: US Navy)
     
According to Korea's Daewoo Shipbuilding and Marine Engineering on Monday, the shipbuilder will sign a 1.1 billion dollar contract with Indonesia next month to build submarines, marking the company's first export order for submarines and the country's largest single overseas defense contract.

Under the contract, DSME, the world's third-largest and Korea's second-largest shipbuilder will build three 1,400 ton submarines for the Indonesian Navy.

The Korean shipbuilder said the company and Indonesia's defense ministry will coordinate details and conclude the deal by November.

DSME had been bidding for the contract against competitors from France, Russia, and Germany since June this year.
 

Cookies settings

×

Functional Cookies

This site uses cookies to ensure its proper functioning and cannot be deactivated from our systems. We don't use them not for advertising purposes. If these cookies are blocked, some parts of the site will not work.

Session

Please login to see yours activities!

Other cookies

This website uses a number of cookies to manage, for example: user sessions.