Once regarded as an air weapon exhibition that features an airshow and display of cutting-edge aircraft and space launch vehicles, the Seoul ADEX appears to have also become an arena of competition between Korea’s leading shipbuilders this year, according to industry officials, Thursday.
Hanwha Ocean said Thursday it is considering building a new factory to construct two frigates indoors at once, demonstrating confidence about defeating HD Hyundai in a recent bid to receive the order for the construction of the Korean navy s fifth and sixth Ulsan-class Batch-III frigates.
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Submarine support specialist Babcock Canada (Babcock) has signed a technical co-operation agreement (TCA) with HD Hyundai Heavy Industries Co (HD HHI) to collaborate on the Canadian Patrol Submarine Project (CPSP).