Marine Link
Tuesday, November 19, 2024

Indonesia to Buy Korean Submarines

Maritime Activity Reports, Inc.

October 11, 2011

Daewoo Shipbuilding and Marine Engineering reportedly has been awarded exclusive negotiator status to sign a W1 trillion export contract for diesel submarines with the Indonesian Defense Ministry and Navy, according to a report on http://english.chosun.com. Korea was in competition with Russian, French and German firms. The winning bidder will build three 1,400-ton subs reportedly worth W1.2 trillion, making it Korea's single biggest arms export.

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week