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Thursday, January 08, 2009

Hyundai Heavy Industries to Build New Frigate

Hyundai Heavy Industries has been awarded a contract to build the lead ship of the South Korean Navy's new 2,300 ton-class frigates to begin service in 2011, a military source said Wednesday.

The Defense Acquisition Program Administration (DAPA) signed the contract worth about 140 billion won Dec. 26 with Hyundai, which had been in charge of the basic design of the state-of-the-art frigate codenamed FFX, said the source.

FFX ships will replace the older Ulsan class frigates and Donghae/Pohang class corvettes by 2020, according to the Navy.

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