Hanwha Ocean
Hanwha Ocean (formerly Daewoo Shipbuilding and Marine Engineering, DSME) is South Korea's second-largest shipbuilder, acquired by Hanwha Group in 2023. Produces the KSS-III Jangbogo-III submarines — the most advanced submarines ever built in Asia with SLBM (Hyunmoo-4-4) capability — Dokdo-class LPH, and frigates. The KSS-III dramatically changed the regional strategic balance. Hanwha Ocean also builds the next-generation KDDX destroyer (Korean Destroyer eXperimental).
NOTABLE PROGRAMS
KSS-III Jangbogo-III SubmarineDokdo-class LPHIncheon-class FrigateKDDX Destroyer
COMPANY DATA
- HEADQUARTERS
- Geoje, South Korea
- FOUNDED
- 1973
- EMPLOYEES
- 13,000+
- ANNUAL REVENUE
- $7B+
- CATALOGUED SYSTEMS
- 3
SPECIALIZATIONS
SEA
DOMAIN BREAKDOWN
SEA3 systems
FINANCE & MARKET INTELLIGENCEDEFENCE FINANCE TERMINAL
WEAPON SYSTEMS (3)
