HJ Heavy Industries Wins Navy Dokdo-class Amphibious Assault Ship and High-Speed Landing Craft MRO Contract

Dokdoham Performance Upgrade Project and Major Overhaul Undertaken... Naval Vessel MRO Capabilities Reaffirmed

HJ Heavy Industries (CEO Yu Sang-cheol) has secured a naval Dokdo-class ship overhaul project worth 42.3 billion KRW and a high-speed landing craft overhaul project worth 25.4 billion KRW from the Defense Acquisition Program Administration.

Dokdo-class amphibious assault ship.

High-speed landing craft.

The company announced that earlier this month, it participated in the bidding for the Navy's large transport ship (LPH-I) and high-speed landing craft (LSF-II) outsourced overhaul projects issued by the Defense Acquisition Program Administration, and after going through qualification reviews and related procedures, was selected as the final contractor. The combined contract amount for the two projects totals 67.7 billion KRW.

The Navy's overhaul refers to the process of disassembling, inspecting, and repairing major equipment or parts of existing ships to maintain the ship's weapon systems and performance in an operational state. Unlike general maintenance and repairs conducted at bases for ship operation, overhaul is a top-level maintenance concept involving disassembly and reassembly at shipyards or military maintenance depots.

For this reason, overhaul requires technical expertise comparable to building the ship anew. Generally, only the shipbuilders who originally constructed the ship or defense industry companies with advanced technology and experience can undertake overhaul projects.

HJ Heavy Industries is accelerating its capabilities in the ship MRO (Maintenance, Repair, and Overhaul) market, having secured last month the performance improvement system development project for 18 guided missile high-speed ships of the Navy.

In the high-speed landing craft (LSF-II) sector, for which it has been assigned the overhaul work this time, HJ Heavy Industries holds unparalleled technical expertise as the only domestic marine defense company capable of independent design and construction.

Notably, HJ Heavy Industries, which in 2007 designed and built Korea's first large transport ship, the Dokdo-class, entirely in-house, is expected to create new synergy in the domestic MRO market by simultaneously carrying out the overhaul project following the Dokdo-class performance improvement project secured in 2022.

By winning this overhaul project, the company has once again proven its competitiveness in the domestic MRO market, and it is anticipated that its entry into overseas markets, including the U.S. ship MRO market, will accelerate further.

Yu Sang-cheol, CEO of HJ Heavy Industries, evaluated, "The technical expertise accumulated over 50 years through shipbuilding and overhaul as a marine defense company is the key to securing these contracts," and added, "We will flawlessly carry out this overhaul mission to enhance our Navy's operational capabilities and will continue to strengthen our competitiveness to ensure no shortcomings in advancing into overseas MRO markets."

This content was produced with the assistance of AI translation services.