Friday, 10 February 2017

South Korea speeds up delivery of new hovercraft to boost local industry

South Korea will push forward the delivery of two landing ships by one year to bolster the Navy's defense capabilities and help the struggling ship building sector, the state defense procurement agency said Thursday.In December, the Defense Acquisition Program Administration (DAPA) placed a US$130 million order with Hanjin Heavy Industries Co. to build two hovercraft landing ships, with a goal of delivering them to the Navy by 2020, not by the originally 2021 date, DAPA said in a statement. Read more
An artistic rendering of ROK Navy's future hovercraft landing ship
(Credit: Hanjin Heavy Industries Co.)
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