Hyundai Heavy Industries Signs 744.9 Billion KRW Contract with Philippine Department of National Defense for Surface Ship Supply

[Asia Economy Reporter Kwon Jaehee] Hyundai Heavy Industries announced on the 27th that it has signed a contract to supply six surface ships worth 744.9 billion KRW to the Philippine Department of National Defense. This amount corresponds to 8.96% of the sales revenue in 2021.

The contract period is from June 27 to December 27, 2028.