View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
June 21, 2015

Caterpillar to power South Korean Navy’s 16 patrol boats

Caterpillar Marine has secured an order to deliver its Cat power solutions to power 16 patrol boats to be built for the Republic of Korea Navy (ROKN).

By Samseer M

Caterpillar Marine has secured an order to deliver its Cat power solutions to power 16 patrol boats to be built for the Republic of Korea Navy (ROKN).

Free Report
img

What is driving and impacting South Korea’s Defense Market?

South Korea’s defense budget is currently valued at $48.3 billion after experiencing impressive and robust annual growth of 10.5% in 2022. Over the forecast period, South Korean defense expenditure is anticipated to register a strong CAGR of 6.3% over 2023-27 and reach $66.2 billion by 2027. The country’s acquisition budget, which includes research and development (R&D) funding, is also anticipated to register significant growth, projected to reach $21.6 billion in 2027, seeing significant rise from the anticipated $17 billion in 2023. South Korean defense spending is continuing to be fueled by the country’s hostile relationship with North Korea, coupled with the need to develop its own domestic industry. If you want to strategize successfully off this growing market, it is important to be fully informed. This report’s key findings include:
  • Details on the defense budget
  • Drivers of defense spending
  • Key trends impacting the market
Download the full report so you can formulate winning strategies for the road ahead.
by GlobalData
Enter your details here to receive your free Report.

Each boat in the series will feature two Cat C32 main propulsion diesel engines and two Cat C9 ship service diesel generators.

The delivery and subsequent service of the Cat solutions will be managed by Cat dealer Hae In.

Hae In power systems general manager YS Kwak said: "The Korean Navy Patrol Boat project is a significant milestone for both Hae In Corporation and Caterpillar Marine as it reiterates that Cat marine products have passed the high standards of the Korean Government.

"We are now in a position to complete the detailed design and deliver this integrated product to the ROKN."

"Our products are well-suited for the demanding navy patrol segment."

Cat C32 is a V-12, 4-stroke-diesel engine and it meets the IMO II emissions regulations.

The propulsion system is electronically governed and features the ADEM A4 electronic control unit.

The engine has already accumulated hundreds of thousands of hours operating on vessels around the globe, the company stated.

For this project, Hae In will also be responsible to deliver the reduction gear and Cat local operating panel (LOP), which integrates control, alarm and monitoring functions of the C32 and reduction gear.

Caterpillar defence and federal products sales consultant Neil Vaughan said: "Developing the C32 patrol vessel spec engine has been challenging.

"Working directly with Hae In sales and engineering, we are now in a position to complete the detailed design and deliver this integrated product to the ROKN."

The first Patrol Boats for the South Korean Navy will be constructed at the Hanjin Heavy Industries and Construction (HHIC) shipyard in the country.

Related Companies

Free Report
img

What is driving and impacting South Korea’s Defense Market?

South Korea’s defense budget is currently valued at $48.3 billion after experiencing impressive and robust annual growth of 10.5% in 2022. Over the forecast period, South Korean defense expenditure is anticipated to register a strong CAGR of 6.3% over 2023-27 and reach $66.2 billion by 2027. The country’s acquisition budget, which includes research and development (R&D) funding, is also anticipated to register significant growth, projected to reach $21.6 billion in 2027, seeing significant rise from the anticipated $17 billion in 2023. South Korean defense spending is continuing to be fueled by the country’s hostile relationship with North Korea, coupled with the need to develop its own domestic industry. If you want to strategize successfully off this growing market, it is important to be fully informed. This report’s key findings include:
  • Details on the defense budget
  • Drivers of defense spending
  • Key trends impacting the market
Download the full report so you can formulate winning strategies for the road ahead.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The defence industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Naval Technology