Friday, October 21, 2011

South Korea May Win Indonesian Contract For Thee Submarines

South Korea’s Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME) has confirmed that Indonesian Ministry of Defence would sign a agreement worth $1.1 billion  for the construction and delivery of three 1,400-ton Chang Bogo class Type 209 diesel-electric attack submarines.

DSME’s Communication Director Jeong Seong-dae said has said, “We have launched talks to sign a submarine contract with Indonesia’s defence ministry and [Navy]”  and “Both sides have long-discussed the sale of Korean-built submarines, and now we are in the final stage of fine-tuning detailed requirements and contract terms.”
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