The Indonesian Navy has selected Russia and South Korea as the final candidates to provide two submarines, under a $700m contract.

Indonesian Navy Chief Admiral Tedjo Edhy Purdijatno said that Russia and South Korea beat France and Germany in the bidding process at the final stage.

“One of the principal conditions [of the contract] is, among other things, the transfer of technology,” said Purdijatno.

The formal proposal made by Russia is for the project 636 diesel-electric submarine from Russian export agent Rosoboronexport, reports RIA Novosti. South Korea, have offered up the U-209 sub manufactured by Daewoo Shipbuilding and Marine Engineering under German licence.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The winning bidder is expected to be announced by the end of August 2009 allowing the submarines to become operational by 2012.

See Also: