Developing
Defense·7/1/2026AI summary
Hanwha Ocean Selected as Preferred Bidder for South Korea's Next-Gen Destroyer Project
Hanwha Ocean has been chosen as the preferred bidder for South Korea's next-generation destroyer project, valued at 7.8 trillion won ($5.1 billion). The company beat HD Hyundai Heavy Industries to secure the KDDX program, which will build six advanced Aegis destroyers.
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