Hanwha Systems, HS S&C to enter overseas naval vessel market

Quick Summary:

South Korea's Hanwha Systems Co.said on Tuesday that it signed a memorandum of understanding (MOU) with HJ Shipbuilding & Construction Co.to expand the naval vessel markets of the Middle East and Southeast Asia.

Hanwha Systems will equip these vessels with essential systems, supplying combat management systems (CMS) as well as various sensors and weaponry, as they prepare for global market entry.

HJ Shipbuilding will construct hulls for various vessels, including small warships currently operated by the Navy and small to large patrol ships for the Coast Guard.

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Article Details

Category: Economy

Markets: South Korea

Topics: Systems Shipbuilding Various Global Korea South Vessels Small Hanwha Cookies Resources

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 16:59:37 (1 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 128 words

Reading Time: 1 minutes read

Sentences: 10 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 23425892

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About Korea Economic Daily

Main Topics: Economy

Official Website: kedglobal.com

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News Last Updated: 38 minutes ago

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