HJ Heavy Industries Wins Contract for Major Overhaul of Navy Large Transport Ships and High-Speed Landing Crafts

DAPA Final Contractor Selection... Contract Amount 67 Billion Won

HJ Heavy Industries has secured a ship maintenance project worth 67 billion KRW from the Defense Acquisition Program Administration.

HJ Heavy Industries announced on the 17th that it participated in the bidding for the Navy's large transport ship (LPH-I) and high-speed landing craft (LSF-II) outsourced overhaul projects, ordered by the Defense Acquisition Program Administration earlier this month, and was selected as the final contractor after going through qualification reviews and related procedures. The contract amounts are 42.3 billion KRW and 25.4 billion KRW, respectively.

Navy large transport ship Dokdo (Photo by HJ Heavy Industries)

Overhaul refers to activities that involve disassembling, inspecting, and repairing major equipment or parts of a ship to maintain the ship's weapon systems and performance in an operational state. Unlike general maintenance and repair performed at bases for ship operation, overhaul is conducted at shipyards or military maintenance depots, involving disassembly and reassembly, representing the highest level of maintenance. Accordingly, overhaul requires technical expertise comparable to building a new ship.

Last month, HJ Heavy Industries won the contract for the performance improvement system development project for 18 Navy guided missile fast attack crafts, strengthening its capabilities in the ship MRO (Maintenance, Repair, and Operations) market. The company also possesses unique technological capabilities as the only domestic maritime defense company capable of independently designing and constructing the high-speed landing craft.

HJ Heavy Industries, which in 2007 became the first in Korea to fully design and build the large transport ship Dokdo, expects to create new synergies in the domestic MRO market by carrying out the overhaul project following the 2022 Dokdo performance improvement project contract.

Yoo Sang-cheol, CEO of HJ Heavy Industries, stated, "The technical expertise accumulated over 50 years through shipbuilding and overhaul as a maritime defense company is the key to securing this contract," adding, "We will flawlessly carry out the overhaul mission to enhance our Navy's operational capabilities and further strengthen our competitiveness to ensure no shortcomings in entering the overseas MRO market."

This content was produced with the assistance of AI translation services.