Peru Next-Generation Submarine Joint Development
signedHD Hyundai Heavy Industries signed a contract with the Peruvian Navy to jointly develop next-generation submarines — the company's first-ever submarine export deal. The basic design phase began in January 2026 for an 11-month period. Separate from the existing 4-vessel surface combatant project (frigate, patrol vessel, landing craft) worth 640 billion won.
Contract Details
- Buyer Country
- Peru
- Buyer Entity
- Peruvian Navy (Marina de Guerra del Perú)
- Seller Company
- Hanwha Ocean
- Product
- KSS-III Submarine
- Category
- naval
Timeline
Announced
Dec 1, 2025
Signed
Dec 1, 2025
Delivery Start
TBD
Delivery End
TBD
Source
Naval News / Korea HeraldRelated Pages
Features
Offset Details
Joint development program with Peruvian Navy involvement in design phase.
Quick Info
- Status
- signed
- Buyer
- Peru