Hanwha Develops Key Submarine Torpedo Launch System, Wins U.S. Navy Shipbuilding Deal
8 Articles
8 Articles
Hanwha Ocean announced on the 1st that it has successfully localized the horizontal launch system, a core piece of equipment for submarines, using the "Water Ram" method. The Water Ram system utilizes water pressure inside the submarine to propel major projectiles, such as torpedoes, into the sea. As a key component of a submarine's main armament, Hanwha Ocean has been jointly developing this system with the Agency for Defense Development (ADD) …
(Seoul = Yonhap News) Reporter Jang Ha-na = Hanwha Ocean, through a 10-year collaboration with the Agency for Defense Development (ADD), [developed] 'Water Ram...', a core piece of equipment for submarines
The horizontal launch system, a core piece of equipment necessary for launching torpedoes and other weapons from submarines underwater, has been domestically produced in South Korea after approximately 10 years. Hanwha Ocean Engineering announced that, in cooperation with the Agency for Defense Development (ADD), they will now be able to manufacture submarine horizontal launch systems using domestic Korean technology, shortening procurement time…
Hanwha develops key submarine torpedo launch system, wins U.S. Navy shipbuilding deal
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Hanwha Ocean is surging during intraday trading. This follows the announcement of the successful localization of the Horizontal Launch System, a core piece of equipment for submarines. According to the Korea Exchange on the 2nd, as of 10:25 AM, Hanwha Ocean is trading at 55,100 won, up 10.20% from the previous close of 50,000 won. Trading volume and value are currently recorded at 3.27 million shares and 173.3 billion won, respectively. Hanwha…
[Digital Daily Reporter Yoon Seo-yeon] Hanwha Ocean has succeeded in localizing the Horizontal Launch System, a core piece of equipment for submarines, after 10 years of research and development. By replacing equipment previously dependent on imports with domestic technology, it is expected to reduce costs and shorten delivery times, as well as be utilized in the development of next-generation submarines. Hanwha Ocean announced on the 1st that …
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