Joe North, vice president of Littoral Ships and Systems
for Lockheed Martin, and Deog-Soo Kim, vice president and head of the
Naval & Special Ship Business Management Division at DSME, display
the teaming agreement signed in Seoul, South Korea on April 25, 2016.
Lockheed Martin and Daewoo Shipbuilding & Marine Engineering have
agreed to partner on the Multi-mission Combat Ship, which will be based
on a DSME hull design and intended for the corvette market.
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Both
companies bring valuable experience and unique capabilities to the teaming
arrangement. Lockheed Martin has a proven track record of developing
and integrating complex systems into a wide variety of U.S. and international
naval vessels. DSME is one of the world’s largest shipbuilders
and has a rich history of producing highly capable naval vessels for
the Republic of Korea and other international customers.
"DSME’s MCS hull design coupled with Lockheed Martin’s
expertise in program and systems integration will allow the team to
bring this capable ship to the international marketplace at an affordable
price,” said Joe North, vice president of Littoral Ships and Systems
at Lockheed Martin Mission System and Training. “Together, we
bring not only the best experience, expertise and resources, but also
the right dedication and focus to offer coalition navies a multi-mission
corvette-sized ship designed to meet future threats.”
“This Teaming Agreement on MCS and strategic cooperation will
not only provide our customers with high capability vessels on time,
but also further facilitate our two companies’ joint efforts in
exploring opportunities on a global scale.” said Deog-Soo Kim,
vice president and the head of the Naval & Special Ship Business
Management Division at DSME. “Moreover, the Korean government
is pursuing ‘New-Economic Growth Activation by Defense Industry’
as one of the state development agendas and this agreement is a good
example of achieving the objective.”
Lockheed Martin and DSME are continuing to explore additional business
opportunities in the international naval market where integrated, multi-mission
corvettes will play a vital role in coastal protection as well as regional
operations. |
