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The Korea Herald
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THE INVESTOR
March 29, 2024

Market Now

DSME wins W443.5b order from DAPA

  • PUBLISHED :December 07, 2018 - 11:52
  • UPDATED :December 07, 2018 - 11:52
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[DISCLOSURE] Daewoo Shipping and Marine Engineering (042660) announced on Dec. 7 that it has signed a 443.5 billion won (US$396.62 million) contract with Defence Acquisition Program Administration to build a surface vessel.

This amounts to 4 percent of its 2017 revenue and the contract is valid until Dec. 15, 2022.

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

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