BOOKMARK
  • Korean|
  • Chinese|
  • Japanese|
  • Vietnamese
본문내용 바로가기

Aju Business Daily

SEARCH
  • ECONOMY
  • ENTERTAINMENT
  • IT
  • South Korea
  • North Korea
  • WORLD
  • SPORTS
  • LIFESTYLE
  • AUTO MOTIVE
  • OPINION
  • PEOPLE
  • MILITARY
Home > Military > article

Indonesia signs $1.02 bln deal to buy three more 1,400-ton S. Korean subs

Lim Chang-won Reporter(cwlim34@ajunews.com) | Posted : April 12, 2019, 14:02 | Updated : April 12, 2019, 14:02
  • 트위터
  • 페이스북
  • 웨이보

A file picture shows a submarine built by Daewoo Shipbuilding & Marine Engineering. [Yonhap News Photo]

SEOUL -- Indonesia agreed to buy three more 1,400-ton submarines from South Korea in a $1.02 billion deal. It was the second submarine contract between the two countries which have maintained close military ties with Indonesian engineers involved in defense projects in South Korea.

Daewoo Shipbuilding & Marine Engineering (DSME), the main builder of South Korean submarines, signed a contract Friday in a ceremony attended by Indonesian and South Korean officials, according to the South's Defense Acquisition Program Administration (DAPA), a state body controlled by the defense ministry.

The ceremony in Bandung in West coincided with the launch of DSME's third 1,400-ton submarine, which has been assembled in Indonesia following the delivery of two in 2017 and last year, respectively, under a $1.07 billion contract in 2011. South Korea has agreed to supply improved Chang Bogo-class submarines equipped with torpedoes and guided missiles. 

In a three-stage military program, South Korea has built 1,200-ton submarines with technical help from Germany. In the second phase, six 1,800-ton hybrid diesel-electric/fuel cell vessels have been built and the third phase calls for the construction of 3,000-ton or 3,600-ton submarines. The first 3,000-ton submarine capable of firing ballistic missiles was unveiled in September last year.

Indonesia has been a key partner in South Korea's defense program. In December last year, South Korea's sole aircraft maker, Korea Aerospace Industries (KAI), agreed with PT Dirgantara Indonesia, an Indonesian aerospace company, to increase the number of Indonesian engineers involved in the design and production of fighters in South Korea.

KAI produces South Korea's first supersonic trainer, T-50, which has been developed into aerobatic and combat variants. A variant of T-50 has been ordered by Indonesia and the Philippines.

In January 2016, South Korea launched the KF-X project to manufacture home-made fighter jets with technical support from Lockheed Martin. In return for investing some 20 percent of total expenses, Indonesia agreed to receive a prototype plane, gain access to some technical data and information, and produce planes on its home soil.

  • Lim Chang-won Reporter
  • email : cwlim34@ajunews.com
© Aju Business Daily & www.ajunews.com Copyright: All materials on this site may not be reproduced, distributed, transmitted, displayed, published or broadcast without the authorization from the Aju News Corporation.
  • twitter
  • facebook
  • weibo
  • link copy
  • LIST
  • TOP

Related news

  • .[FOCUS] S. Korea under pressure to take inevitable choice against military buildup by China and Japan .
    [FOCUS] S. Korea under pressure to take inevitable choice ag…
  • .Hyundai shipyard starts building new Aegis destroyer for delivery in 2024.
    Hyundai shipyard starts building new Aegis destroyer for del…
  • .IODP drilling approved to explore oceanic basin between Korean peninsula and Japan in 2024.
    IODP drilling approved to explore oceanic basin between Kore…
  • .Daewoo shipyard selected for military project to develop technology for electric warship.
    Daewoo shipyard selected for military project to develop tec…
  • .[INTERVIEW] Developers vow to set up hub of hydrogen economy on reclaimed land .
    [INTERVIEW] Developers vow to set up hub of hydrogen economy…

Real Time Photo News

  • .BTS agency posts record earnings in 2020 on brisk online activities and album sales .

    BTS agency posts record earnings in 2020 on brisk online activities and album sales

  • .[FOCUS] BTS agency leagues with Universal Music to launch new K-pop band in US music scene.

    [FOCUS] BTS agency leagues with Universal Music to launch new K-pop band in US music scene

  • .CJ ENM aims to become major visual content producer thru partnership with Epic Games .

    CJ ENM aims to become major visual content producer thru partnership with Epic Games

  • .​Solo singer Sunmi to come back with new album Tail.

    ​Solo singer Sunmi to come back with new album 'Tail'

  • .Big Hits live-streaming joint venture gains reinforcements from Universal Music, YG.

    Big Hit's live-streaming joint venture gains reinforcements from Universal Music, YG

Latest News

more+

  • Prime Minister Chung stresses importance of 'borderless communication channel' to minimize informati…
  • State hospital succeeds in inserting wireless pacemakers into hearts of bradyarrhythmia patients
  • LG Electronics' joint venture with Canada's Magna awaits approval by shareholders in March
  • Sajo Seafood to launch raw tuna menu delivery service
  • Researchers find new roundworm species near Dokdo
Aju Business Daily
  • ABOUT US
  • CONTACT US
  • PRIVACY STATEMENT
  • Copyright Policy

Address : Aju News Corporation LEEMA Building, 11th floor, 42, Jong-ro 1-gil, Jongno-gu, Seoul.    Mail : swatchsjp@ajunews.com

Copyright ⓒ 2016 By Ajunews Corporation, All Rights Reserved.

Mobile view