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Peru and South Korea Sign Submarine Development Agreement

12/22/2025

Summary

Story summary

Peru signed the Next-Generation Submarine Joint Development Contract with HD Hyundai Heavy Industries at SIMA Shipyard in Lima.
The agreement aims to modernize Peru's naval forces and strengthen shipbuilding sector.
The project will design a submarine tailored to Peru's operational needs along its Pacific coastline and underwater terrain.
The development phase lasts 11 months, beginning January 2026.
The collaboration could boost Korean submarine exports and deepen Peru–South Korea defense partnerships.

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Story summary

Peru signed the Next-Generation Submarine Joint Development Contract with HD Hyundai Heavy Industries at SIMA Shipyard in Lima.
The agreement aims to modernize Peru's naval forces and strengthen shipbuilding sector.
The project will design a submarine tailored to Peru's operational needs along its Pacific coastline and underwater terrain.
The development phase lasts 11 months, beginning January 2026.
The collaboration could boost Korean submarine exports and deepen Peru–South Korea defense partnerships.