DSME Wins Contract for Two Frigates

November 14, 2018 (Google Translation) – Received orders for ships No. 5 and No. 6, followed by No. 1 and No. 2 ships, and confirmed the strongest defense company in the defense business. Contract amount reached W631.5bn. Green order to achieve order target Daewoo Shipbuilding & Marine Engineering won two new seafarers and established pride as a defense company.

Daewoo Shipbuilding & Marine Engineering (CEO Jung Sung-lip) announced on February 14 that it has concluded a contract to build 5,6 berths of the 2,800-ton class new frigate (FFG-II) of the ROK Navy. The contract amount is W631.5bn, and DSME will complete construction by the end of 2022 and deliver it to the ROK Navy. The company also won orders worth W26.6bn for submarines on Feb 2nd.

The new crew, which has been awarded this time, is 122 meters long, 14 meters wide and 34 meters high, with a maximum speed of 30 knots and can be equipped with a maritime helicopter. Especially, for the first time in the ROK naval battlefield, the hybrid propulsion system was applied to reduce underwater radiated noise, so that the submarine detection capability and survivability were improved compared to the existing 2,500 ton class FFG-I escort.

Daewoo Shipbuilding & Marine Engineering has the largest number of submarine orders in Korea with 17 vessels. In addition, Daewoo Shipbuilding & Marine Eng. Has secured 46 shipbuilding orders including the latest Aegis ship.

In connection with the agreement, the director of Daewoo Shipbuilding & Marine Specialties Division, Park Doo-sun, said, “The process is proceeding successfully, with the second ship successfully proceeding to Daegu in February. “We will also build the 5th and 6th ships that we have won this time without any hitches, and will contribute to the national defense and secure the core power of the ROK Navy.”