South Korea awards warship contracts and readies SAM for production
South Korea has an active naval shipbuilding programme, and one of the latest recipients of a contract is SamKang M&T for a 3,500t FFX Batch III frigate.
Samkang M&T is South Korea’s leading ship repairer that took over the shipyard of bankrupt STX Offshore & Shipbuilding in 2017. The company announced on 4 January that it had won this KRW33.5 billion ($30.2 million) frigate contract from the Defense Acquisition Program Administration (DAPA).
Moo Seok Song, chairman of the company, said: ‘Samkang has acquired sufficient technology for naval ships since we constructed ten patrol ships for the Korea Coast Guard.’
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