S. Korea's DSME says it is to provide naval vessel production and management consulting services for British defense company BAE.
Under the terms of the agreement, DSME will conduct investigations on 11 areas of shipyard operations for BAE Systems Surface Ships Ltd., a shipbuilding arm of BAE System Group, and suggest ways to improve its productivity.
DSME explains that following the defense budget cut, BAE Systems Surface Ships had been looking for ways to cut back on the cost to build warships and reduce inefficiencies. BAE is known to have been impressed with DSME’s efficient construction system during the four MARS Tanker projects executed in 2012.
Through this agreement, DSME says it has shifted its focus from selling hardware toward selling software consulting services.