Hanwha Aerospace (Hanwha Aero) will work with U.S.-based GE Aerospace to localize a gas turbine engine package for naval vessels.
Hanwha Aero said on the 21st that it signed a memorandum of understanding for the joint development of an engine package with GE Aerospace at the Seoul International Aerospace and Defense Exhibition (AEDX) held at KINTEX in Goyang on the 20th.
A naval engine package is a finished module configured so it can be mounted on a ship by integrating fuel, cooling, removal, and reduction devices into the gas turbine engine body. Korea's defense industry currently relies on imports for many of the components.
Hanwha Aero expects the localization to lower existing supply prices and improve previously delayed delivery schedules. It also plans to enhance its technology and supply engines to the navies of Korea and the United States.
A Hanwha Aero official said, "We will solidify our position as a global maritime security partner by securing core technology for naval engine packages and strengthening business competitiveness."