Hanwha Ocean Selected as Preferred Bidder for Thailand’s Next-Generation Frigate Program
Hanwha Ocean will enter detailed talks after winning the preferred bid for a frigate program that could expand to 4 trillion won, officials said.
- Hanwha Ocean won a 680 billion-won contract to build one frigate for the Royal Thai Navy, industry officials said Tuesday. The procurement includes the vessel, integrated logistics support, and applicable taxes.
- Selected over competitors from Spain, Singapore, and Trkiye, Hanwha Ocean leveraged its experience delivering the HTMS Bhumibol Adulyadej in 2018. Support from the Ministry of National Defense, Defense Acquisition Program Administration, and ROK Navy bolstered the selection.
- The OCEAN-40F frigate features a 16-cell vertical launch system with VL MICA NG surface-to-air missiles, a 76mm main gun, and TRS-4D radar. Hanwha Ocean partnered with European suppliers Naval Group and MBDA for this advanced configuration.
- Industry officials noted the contract value could expand to around 4 trillion won if Hanwha Ocean secures follow-up orders from the Royal Thai Navy. This project aims to maximize naval shipbuilding competitiveness while satisfying both parties.
- Detailed negotiations regarding technical specifications and program scope are now underway to finalize contract terms between the two parties. Additional details about the frigate's final configuration will likely emerge once Thailand formally inks the deal.
16 Articles
16 Articles
Hanwha Ocean announced on the 9th that it has been selected as the preferred bidder for the construction of a 4,000-ton class frigate for the Royal Thai Navy. The project is valued at 16.73 billion baht (approximately 680.8 billion KRW as of the 9th), combining the construction of one vessel and integrated logistics support. In addition to Hanwha Ocean, NATO allies are also participating in this project.
Hanwha Ocean has won a contract worth 700 billion won to build Thailand's next-generation frigates. On the 8th (local time), the Royal Thai Navy announced that it had selected Hanwha Ocean as the preferred bidder for the construction of one 4,000-ton class next-generation frigate. The proposed price, including value-added tax, is 16.73 billion baht (approximately 680 billion won). The bidding war involved four countries, including Hanwha Ocean a…
(Seoul = Yonhap News) Reporter Hong Kyu-bin = Hanwha Ocean has been selected as the contractor for the Thai Navy's next-generation frigate construction project.
Coverage Details
Bias Distribution
- 57% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
