ST Engineering to serve as subcontractor for Kuwaiti navy vessels deal
The contract is valued at 600 million Singapore dollars (467.6 million USD).
The contract is valued at 600 million Singapore dollars (467.6 million USD).
Kuwait said the deal "will contribute to raising the level of combat readiness, enhancing maritime security, and protecting the vital and strategic maritime interests of the State of Kuwait."
Government can’t stop to update systems, so modernization has to happen without interruptions.
The deal reinforces the company's commitment to developing a sustainable knowledge and innovation-based economy in line with the UAE's Vision 2030, CEO of Abu Dhabi Ship Building told Breaking Defense.