HD Hyundai Secures US Navy Research Contracts, First for Korean Firm
HD Hyundai has obtained two research contracts from the US Office of Naval Research, marking a first for a Korean company. These agreements aim to enhance naval vessel performance and improve shipbuilding productivity.
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HD Hyundai has secured two contracts from the US Office of Naval Research (ONR), the first awarded to a Korean firm. The agreements focus on enhancing naval vessel capabilities with artificial intelligence and improving shipbuilding productivity through advanced manufacturing technologies.
The projects will involve collaboration with the Seoul National University Department of Naval Architecture and Ocean Engineering. This initiative is anticipated to foster deeper ties with the US Navy and establish HD Hyundai as a significant player in naval research and development. Potential risks include dependence on foreign contracts and the challenges of integrating advanced technologies into existing systems.
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