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KDX-III will probably be a larger (7000 tons or greater), more "Aegis-like" ship (Aegis Combat System with the ship incorporating certain Low Observables (LO/CLO) technology). The KDX-III' standard displacement is 7,000t, while its full load dispalcement would be above 9,000t.
Three or four KDX-III hulls can be expected. After the first ship is completed in 2008, the ministry expects to deploy two other KDX- III destroyers in 2010 and 2012, respectively. By one estimate each vessel will cost about 1.2 trillion won ($923 million). The entire project, including the ships themselves, is expected to cost 2.8 trillion won by other estimates. The ROK KDX-III destroyer is intended to be a multi-purpose destroyer featuring anti-air warfare, anti-surface warfare, anti-submarine warfare and tactical ballistic missile defense capabilities.
This platform will enable the ROKN to successfully defend the maritime areas around the Korean peninsula from air, surface, and subsurface threats, and will increase interoperability with the USN.
On 18 March 2002, the US Defense Security Cooperation Agency (DSCA) notified Congress of the possible sale of three Lockheed Martin Aegis air defence systems, worth a potential US$1.2 billion, to arm the Republic of Korea Navy’s three new KDX-III destroyers. Aegis is very important for KDX-III. The ROKN is made a very strong effort to purchase the Aegis Combat System (baseline 7 phase 1) for KDX-III. The destroyer has been referred to as Aegis Destroyer, after Lockheed Martin's Aegis system. However, this is just one of the possible combat system solutions.
On 25 July 2002 Lockheed Martin won the contract to provide South Korea's navy with weapons control systems for three destroyers, beating European rival Thales SA. The Korean Navy selected the U.S Navy and Lockheed Martin to provide the Aegis Weapon System for its KDX-III Destroyer Program in late 2002. The three KDX-III Destroyers, equipped with the Aegis Weapon System, will allow the Korean Navy to successfully defend the maritime areas around the Korean Peninsula from air, surface and underwater threats. In addition, the KDX-III Destroyers will increase interoperability with the U.S. Navy.
The first vessel is scheduled to be operational in the year 2008. The Hyundai Heavy Industries Shipyard is currently working on the basic design of the platform, but the actual decision who is going to build the three vessels won't be taken until 2003/2004 after competition. The most likely candidates are Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering and Hanjin Heavy Industries.
Originally posted by ShadowXIX
The N Korean Navy which is not that impressive or is this a investment to counter China's growing Naval strength in that area of the world.