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Tuesday, September 21, 2010

Daewoo shipbuiding wins order to build S.Korean navy sub

Son Won IlDaewoo Shipbuilding & Marine Engineering Co., South Korea's second-largest shipbuilder, said Monday that it has won an order to build a submarine for the South Korean navy.

The 1,800-ton submarine will be delivered by 2016, the company said in a regulatory filing.

The company didn't provide the value of the order.

So far, Daewoo Shipbuilding has built nine submarines for the Navy. It is also building another submarine.

Source

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