South Korean shipbuilders have secured a series of major export contracts for advanced naval vessels. The contracts represent the largest combined naval export package in Korean history. HD Hyundai Heavy Industries and Hanwha Ocean will share production responsibilities for the various platforms.

DEFENSE PRODUCTION
South Korean Naval Export Contracts
Thursday, January 22, 2026 at 08:06 PM UTC
east asia pacific
Executive Summary
HD Hyundai and Hanwha secure orders for frigates and submarines.
Source Intelligence
Yonhap News Agency