Babcock International has announced plans to invest in South Korea as part of its bid to support existing contracts and expansion in the northeast Asian country.
The UK-headquartered group said on 21 February that it would soon open a facility in the southern city of Busan principally to support the construction of KSS-III-class diesel-electric submarines for the Republic of Korea Navy (RoKN).
In September 2017 Babcock was awarded a seven-year contract to produce and deliver weapons handling and launch equipment for the third KSS-III submarine. This followed an earlier deal in which Babcock was contracted to supply a similar type of equipment set, known as the Weapon Handling Launch System (WHLS), for the first and second boats in the same class.
Babcock said its new office facility in Busan was an “ideal location” to support the KSS-III submarines and also “new business within the wider defence industry”. Babcock will also look to boost its commercial marine sector business and international supply chains through the new facility.
The company added that it was collaborating with the local government and the British embassy in South Korea in setting up the facility within the next few months.
Jeff Lewis, managing director of defence systems technology at Babcock, said the company’s establishment of Babcock Korea in Busan would help support the KSS-III programme as well as provide access to local skills in support of its supply chain and additional manufacturing opportunities. He added, “The new site will also provide a platform to seek new opportunities in Korea, predominantly in the marine defence industry but also in other areas where Babcock has capability.”
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