South Korea's Daewoo Shipbuilding and Marine Engineering (DSME) announced on 11 October that it has been awarded a KRW1.13 trillion (USD958 million) contract to design and build an upgraded KSS-Ⅲ (also known as Dosan Ahn Chang-ho)-class diesel-electric submarine. The company said that the new 3,000-tonne boat will not only be capable of conducting longer underwater operations but also be better armed and faster than previous variants.
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