HD Hyundai Heavy Industries NAVAL & MEDIUM SIZE SHIPS

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

HD Hyundai Heavy Industries Delivers Overhauled 214-Class Diesel Submarine ‘Yun Bong-Gil’ Ahead of Schedule

HD Hyundai Heavy Industries Delivers Overhauled 214-Class Diesel Submarine ‘Yun Bong-Gil’ Ahead of ScheduleHD Hyundai Heavy Industries (HD HHI) announced on the 20th that it has recently completed the overhaul of the 214-class diesel-electric submarine Yun Bong-Gil and delivered it early to the Republic of Korea Navy.The overhaul began on January 30, 2023. Despite the complexity of the work, the project was completed 35 days ahead of the contractual schedule, demonstrating HD HHI’s exceptional technical capabilities. The company successfully carried out over 1,620 maintenance tasks—including approximately 1,260 planned tasks and 360 unplanned additional repairs—marking the largest-scale overhaul project for a submarine in South Korea to date.Built by HD Hyundai Heavy Industries, Yun Bong-Gil is the fifth 214-class submarine of the ROK Navy. Since its delivery in June 2016, it has played a vital role in strategic missions, including joint exercises with the U.S. Navy. The submarine is 65.3 meters long, 6.3 meters wide, and has a submerged displacement of 1,800 tons. It is equipped with an Air-Independent Propulsion (AIP) system, enabling up to two weeks of submerged operation, and it carries indigenously developed cruise missiles capable of striking enemy key facilities with precision.Joo Won-ho, Head of the Special Ship Business Unit at HD HHI, stated, “The early delivery of the overhauled Yun Bong-Gil following the on-time delivery of Shin Chae-Ho demonstrates our strong capabilities in both submarine construction and maintenance. We will continue to contribute to national security as a key partner in safeguarding the seas of the Republic of Korea.” Meanwhile, HD Hyundai Heavy Industries is actively expanding its presence in the global submarine market by developing various export-oriented models, including a 1,500-ton submarine for Peru, as well as 2,300-ton and 800-ton class platforms.

2025-06-20

HD Hyundai Heavy Industries Launches First Offshore Patrol Vessel for the Philippine Navy

HD Hyundai Heavy Industries Launches First Offshore Patrol Vessel for the Philippine NavyThe first of six offshore patrol vessels (OPVs) ordered by the Philippine Navy in 2022 has been launched by HD Hyundai Heavy Industries (HD HHI).On the 12th, HD HHI announced that it held a launching ceremony on June 11 at its headquarters in Ulsan for the 2,400-ton RAJAH SULAYMAN, the lead ship in the class.This marks the second launching ceremony for a Philippine Navy export ship this year, following the launch of the second corvette, DIEGO SILANG, in March.RAJAH SULAYMAN will undergo sea trials and final outfitting before being delivered to the Philippine Navy in March next year. HD HHI plans to deliver the remaining five vessels sequentially by 2028.Previously, the Philippine government awarded HD HHI a total of 10 ships under its naval modernization plan: two frigates (2016), two corvettes (2021), and six OPVs (2022).The launching ceremony was attended by key Philippine military and government officials, including General Romeo Brawner Jr., Chief of Staff of the Armed Forces of the Philippines; Maria Theresa Dizon-De Vega, Philippine Ambassador to Korea; Vice Admiral Edwin Amadar, Deputy Chief of Naval Staff; and Assistant Secretary Augusto Gaite from the Department of National Defense.Joo Won-ho, Head of the Special Ship Business Division at HD Hyundai Heavy Industries, stated: “Based on our strong mutual trust, we will continue to actively support the Philippine military’s modernization efforts as a core partner of Korea’s maritime defense industry.” General Romeo Brawner commented: “RAJAH SULAYMAN is the result of the close collaboration between the Philippines and HD Hyundai Heavy Industries, and a valuable example of the power of teamwork and shared vision. The launching, which coincides with our Independence Day on June 12, symbolizes the strong cooperation between our two nations.” Meanwhile, HD HHI participated in MADEX 2025, held in Busan last month, where it unveiled for the first time a 6,500-ton export-oriented multi-mission frigate for blue-water operations and signed a strategic partnership with the Portuguese Navy.

2025-06-12