Babcock International has announced that it is to open a facility in Busan, South Korea’s second largest city after its capital Seoul.
With a long – standing presence in the country through its Weapons Handling and Launch System (WHLS) design and manufacture contract for the Jangbogo III submarine programme, and work in the commercial marine market, Babcock say they are looking to further invest in the country.
The company will set up a new office facility in the large Port city of Busan; which they say is an ideal location to support Jangbogo III, South Korea’s first indigenous submarine programme, and new business within the wider defence industry. Babcock is working closely with the Busan Metropolitan City Government and the British Embassy to establish its South Korean base with the facility due to be opened within the next few months according to a release.
A key element of Babcock’s in-country investment is to maximise the pool of local engineering talent to champion Babcock’s marine capability and to grow its Korean portfolio. Speaking at an event in Busan with the Busan Metropolitan City Government to announce the new venture Jeff Lewis, Managing Director, Defence Systems Technology, Babcock said:
“Establishing Babcock Korea in Busan will help to support the Jangbogo III programme and will give us access to local skills to support our supply chain, manufacturing and contract activities.
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.
We are delighted to be working closely with Busan City Government which has shown great support and encouragement for us to base ourselves in the city and we look forward to growing our presence in Korea.”
In the latter part of 2017 Babcock announced that it had successfully secured a seven year contract with Daewoo Shipbuilding and Marine Engineering (DSME) to continue the manufacture and delivery of WHLS equipment for the South Korean Jangbogo III submarine programme, third boat set. The WHLS features an air turbine pump (ATP) and programmable firing valve (PFV) launch system and is based on the principles used in the WHLS supplied by Babcock.