Business · Companies · 6 hrs ago
HD Hyundai Heavy Industries to pursue Argentina submarine contract
South Korea's HD Hyundai Heavy Industries plans to compete for a submarine contract in Argentina.
The Argentine Navy is pursuing a plan to acquire at least three new submarines.
The project is estimated to be worth more than 3 trillion won.
The company received a request from the Argentine Navy for information on its submarine design and construction capabilities and recently sent a response.
HD Hyundai is also developing an export-focused submarine called the 1,500-ton HDS-1500.
The company is seeking overseas work as domestic submarine orders are expected to run low, and it has formally signaled its bid effort in Argentina.
HD Hyundai Heavy Industries plans to bid for Argentina’s new submarine programme.
Argentina’s navy is seeking to acquire at least three new submarines.
The programme is estimated to be worth more than 3 trillion won.
HD Hyundai Heavy Industries has responded to the navy’s request for information on its submarine design and construction capabilities.
The company’s move formalizes its pursuit of the contract.
- Who
- HD Hyundai Heavy Industries plans to pursue the contract.
- What
- Argentina is seeking at least three new submarines, and HD Hyundai has formalized its bid effort.
- When
- The report was published on October 16, 2026.
- Where
- Argentina.
- Why
- Not stated
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This story does not have a timeline yet.
- Estimated programme value
- More than 3 trillion won
- Minimum number of submarines
- 3
- Company pursuing contract
- HD Hyundai Heavy Industries
- Programme buyer
- Argentina’s navy