South Korea Order Second Navy Landing Ship
South Korea's defense procurement agency has signed a contract with Hyundai Heavy Industries to acquire a new next-generation landing ship LST-II, reports Yonhap New Agency.
This vessel will be South Korea's second LST-II ship designed to land personnel, tanks and equipment simultaneously, after the first one that has been under construction by Hanjin Heavy Industries since 2011.
The new contract is worth 136.4 billion won (US$129 million), and delivery is set for 2016, says Yonhap, citing the Defense Acquisition Program Administration.
Source: Yonhap News Agency