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The Korea Herald
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THE INVESTOR
April 19, 2024

Market Now

Hanjin Heavy wins W260b bid for battle ships

  • PUBLISHED :June 14, 2017 - 17:59
  • UPDATED :June 14, 2017 - 17:59
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[DISCLOSURE] Hanjin Heavy Industries & Construction (097230)announced on June 14 that it has been named a successful bidder by Defense Acquisition Program Administration to manufacture a batch of four battle ships. 

The bid price is 259.9 billion won (US$231.12 million) which is equivalent to 9.24 percent of its 2016 revenue. 

By Hwang You-mee (theinvestor@heraldcorp.com)

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