HD Hyundai Heavy Industries NAVAL & SPECIAL SHIP

HD Hyundai and U.S. Navy Explore Expanded Cooperation Under MASGA Initiative

U.S. Chief of Naval Operations Visits HD Hyundai Heavy IndustriesHD Hyundai Heavy Industries announced that Admiral Daryl Caudle, Chief of Naval Operations (CNO) of the United States Navy, visited the company’s Ulsan headquarters on November 15 to review Korea’s advanced shipbuilding capabilities and discuss expanded cooperation under the MASGA framework.Admiral Caudle was accompanied by Kevin Kim, Chargé d’Affaires of the U.S. Embassy in Seoul, and toured HHI’s commercial shipbuilding facilities before visiting the Naval & Special Shipbuilding Division. During the visit, he held discussions with HD Hyundai Chairman Kisun Chung on ways to strengthen bilateral cooperation in naval ship construction, fleet readiness, and supply-chain integration.The delegation inspected the construction site of the next Aegis destroyer scheduled for launch in 2026, and visited the overhaul facility of the 214-class submarine ROKS Son Won-il, the lead boat of its class currently undergoing major maintenance. Admiral Caudle also boarded the recently launched Aegis destroyer ROKS Dasan Jeong Yakyong to receive a briefing on its advanced combat system and operational capabilities.With global navies accelerating fleet modernization programs, HD Hyundai is expanding its presence in major defense markets, including the United States. The company expects Admiral Caudle’s visit to further advance discussions on technical collaboration and integrated production solutions supporting U.S. naval requirements.Following the visit, Admiral Caudle commented: “The U.S.–Korea partnership remains vital for regional security and the future of naval power. By sharing advanced technologies and best practices, our two nations are enhancing both the speed and the quality of naval shipbuilding.” HD Hyundai Chairman Kisun Chung stated: “HD Hyundai is committed to supporting the enhancement of U.S. naval capabilities and contributing to the revitalization of the U.S. shipbuilding sector through advanced technologies and close industrial cooperation.” HD Hyundai Heavy Industries will continue to strengthen its global partnerships and contribute to a more resilient and secure maritime environment.

2025-11-17

HD Hyundai Heavy Industries showcases the Next-Generation Frigates at D&S 2025 in Thailand

HD Hyundai Heavy Industries successfully participated in Defense & Security (D&S) 2025 in Bangkok, presenting our latest export-optimized frigates — HDF-3200, HDF-3600, and HDF-4000.The event, featuring over 560 companies from 40+ countries, provided a valuable opportunity to engage with key defense partners, including senior leadership of the Royal Thai Navy.At the exhibition, we highlighted: HDF-3200 – proven performance, now operating with the Philippine Navy HDF-3600 – co-produced with SIMA Perú HDF-4000 – Proven Design, now operating with ROK Navy Through advanced design capability, successful global programs, and strong co-production experience, HD Hyundai Heavy Industries continues to position itself as a trusted partner for next-generation naval solutions.

2025-11-12

HD Hyundai Heavy Industries strengthens cooperation with SIMA Perú for submarine co-development

HD Hyundai Heavy Industries strengthens cooperation with SIMA Perú for submarine co-developmentFollowing the Memorandum of Understanding (MOU) signed during the APEC 2024 Summit in Lima and the Memorandum of Agreement (MOA) concluded at SITDEF 2025, HD Hyundai Heavy Industries (HD HHI) and SIMA Perú S.A. (Servicios Industriales de la Marina) have taken another significant step forward by signing a Letter of Intent (LOI) on joint submarine development.The LOI was signed in Ulsan by Ph.D. Won Ho Joo, President of HD HHI, and Rear Admiral Luis Silva López, General Manager of SIMA Perú, reaffirming the shared commitment to co-develop the technical file for new generation submarines tailored for the Peruvian Navy.This milestone highlights both nations’ dedication to advancing naval technology, enhancing local industrial capabilities, and strengthening Peru’s defense autonomy through technology transfer, capacity-building, and local industry participation.The signing ceremony was honored by the presence of H.E. Teresa Mera Gómez, Minister of Foreign Trade and Tourism of Peru; Admiral Javier Bravo de Rueda Delgado, Commander General of the Peruvian Navy; H.E. Paul Duclos Parodi, Ambassador of Peru to the Republic of Korea; Ambassador Fernando Quiroz Campos, Director for Asia and Oceania of the Ministry of Foreign Affairs of Peru; and representatives from DAPA, HD HHI, and POSCO International.During the visit, the SIMA Perú delegation toured HD HHI’s advanced facilities in Ulsan, where they observed our cutting-edge submarine design and production capabilities that continue to set global standards in naval engineering. Through this partnership, HD Hyundai Heavy Industries and SIMA Perú reaffirm their shared vision: to build advanced submarines together, strengthen regional industrial capabilities, and create a future of technological sovereignty for Peru.

2025-11-01

HD Hyundai Heavy Industries and HD Hyundai Mipo Merge Plan Approved at Extraordinary General Meetings—Integrated HD Hyundai Heavy Industries to Launch in December

▶ The merger proposal passed with approval from 98.54% and 87.56% of attending shareholders at the extraordinary general meetings held by HD Hyundai Heavy Industries (HHI) and HD Hyundai Mipo (HMD) respectively.▶ Aiming for 37 trillion KRW in sales by 2035 through “leading K-defense, securing ultra-gap (super-gap) technology, and market expansion.”▶ “The necessity of the merger and its strategic utility have been recognised… We will continue to lead the future shipbuilding market.”The integrated HD Hyundai Heavy Industries will officially launch on Monday, December 1.HHI and HMD announced that on Thursday, October 23, they each held an extraordinary shareholders’ meeting in which the “approval of merger agreement” agenda was passed with support from 98.54% and 87.56% of participating shareholders, including the National Pension Service. The two companies revealed their merger plans in August, aiming to lead Korea’s defense sector, secure super-gap technologies, and expand markets. Earlier, in September, the Korea Fair Trade Commission ruled that the restructuring should be approved, concluding that since the transaction was between affiliates, it did not cause changes in control and thus would not affect competition.This business restructuring is a strategic initiative to achieve quantitative and qualitative scale-up, maximise synergies, expand and diversify the market, and proactively develop cutting-edge technologies to secure an absolute competitive advantage in the intensifying global market. Through the merger, the integrated HD Hyundai Heavy Industries expects to significantly strengthen its competitiveness in the defense sector. By combining HHI’s warship-building expertise with HMD’s docks, facilities and human resources specialised for naval ship construction, the company plans to expand its influence in the global defense market.The company also anticipates securing ultra-gap technologies and increasing orders in the special-purpose vessel market. The integrated entity plans to unify the R&D and design capabilities of both firms, thereby lowering risk associated with technology development, reducing time and cost, and responding rapidly to environmental regulations. It will also combine the records of both companies in special-purpose vessels such as ice-breakers to broaden its market entry opportunities.Consequently, the integrated HD Hyundai Heavy Industries aims to achieve KRW 37 trillion in sales (including KRW 10 trillion from the defense sector) by 2035 — nearly double the KRW 19 trillion recorded in 2024. A representative from HD Hyundai Heavy Industries commented, “The necessity and strategic utility of this merger have been recognised by the shareholders. We will lead the future shipbuilding market by bringing together the total competencies and know-how of both companies.”

2025-10-23

HD Hyundai Heavy Industries launches second Aegis Destroyer "Dasan Jeong Yak-yon" which will be delivered to Navy by End-2026

HD Hyundai Heavy Industries launches Latest Aegis Destroyer “Dasan Jeong Yak-yong” HD Hyundai Heavy Industries has launched its newest Aegis destroyer, the Dasan Jeong Yak-yong (DDG-996), marking a major milestone in the nation’s naval modernization program. The vessel, the second in the 8,200-ton Jeongjo-daewang class, was launched on September 17, 2025, at HD Hyundai Heavy Industries’ Ulsan shipyard. Delivery to the Republic of Korea Navy is scheduled for late 2026 following sea trials and final outfitting. The Jeongjo-daewang class is designed as a core asset of Korea’s “three-axes” defense system, with a primary role in countering North Korean ballistic missile threats. The Dasan Jeong Yak-yong is armed with both SM-3 and SM-6 interceptors, enabling it to engage hostile missiles at various stages of flight. The SM-3 will allow midcourse interception at altitudes up to 500 kilometers, while the SM-6 will cover the terminal phase at lower altitudes. Measuring about 170 meters in length and 21 meters in beam, the destroyer can reach speeds of approximately 30 knots. Compared with the earlier Sejong-daewang class, the new class offers improved stealth shaping, more advanced radar and combat systems, and enhanced detection and tracking of ballistic missile threats. It also features domestically developed sonar, long- and short-range anti-submarine torpedoes, and will embark MH-60R Seahawk helicopters, significantly boosting its anti-submarine warfare capabilities. Another key innovation is its propulsion system. In addition to four gas turbines, the ship is equipped with two hybrid electric drive (HED) units, reducing fuel consumption during cruising and minimizing underwater noise for greater survivability in hostile environments. Defense officials hailed the launch as a symbol of South Korea’s growing defense industry and technological strength. Once commissioned, the Dasan Jeong Yak-yong will join the Republic of Korea Navy’s Fleet Command, strengthening deterrence and reinforcing the country’s role as a leading naval power in the region.

2025-09-17

HD Hyundai Heavy Industries selected for KSS-II Submarine Mid-Life Upgrade (MLU) Program

We are proud to announce that HD Hyundai Heavy Industries (HD HHI) has been selected as the preferred bidder for the KSS-II Sohn Won-il–class (Type 214) submarine Mid-Life Upgrade (MLU) program by the Defense Acquisition Program Administration (DAPA) of the Republic of Korea.This marks the first MLU program on a submarine platform for HD HHI, building on our experience with the successful early delivery of ROKS Yoon Bonggil’s overhaul earlier this year.We are proud to collaborate with LIG Nex1, a proven leader in submarine system modernization, notably for the KSS-I Jangbogo-class upgrade. With the Republic of Korea Navy transitioning towards greater private-sector involvement in fleet sustainment, this program reinforces HD HHI’s growing role as a trusted partner in the defense MRO sector. We look forward to contributing to the Navy’s long-term operational readiness and technological edge.

2025-07-25