CHESWICK, P.A.­­ – May 30, 2024 – Curtiss-Wright’s EMS division today announced that its INDAL business has signed a Teaming Agreement and Memorandums of Understanding (MOUs) with Hanwha Ocean of Korea for long-term cooperation on the Canadian Patrol Submarine Project for Towed Array Handling and Winch Systems to support KSS-III submarines.

“We look forward to working with Hanwha Ocean on the Canadian Patrol Submarine Project. Partnering with a company like Hanwha on a proven platform like the KSS-III is a great opportunity for our businesses to extend their global reach and expand into a new market,” said David Micha, Sr. Vice President and General Manager, Curtiss-Wright EMS division.

Curtiss-Wright INDAL has supplied the Towed Array Handling Systems to the KSS-III submarine, one of the most capable ocean-going, diesel-electric platforms, to the Republic of Korea Navy since 2021. KSS-III is an in-service platform that meets all the Royal Canadian Navy’s operational requirements and the urgent delivery timeline for the Canadian Patrol Submarine Project.

“We see significant opportunities for synergies between Hanwha Ocean and Curtiss-Wright. With the signing of the teaming agreement and MOUs, Hanwha can begin developing strategic relationships with this partner, which will also enhance and strengthen the relationship between Korea and Canada,” said Yong Ook Lee, COO, Head of Naval Ship Business, Hanwha Ocean.

Curtiss-Wright’s INDAL business unit, part of the EMS division, will perform the work at its facility based in Mississauga, Ontario, Canada. INDAL is a world leader in manufacturing shipboard helicopter handling systems, undersea sensor handling, and ship aviation support systems for large and complex defense programs.

 About Curtiss-Wright Corporation

Curtiss-Wright Corporation (NYSE: CW) is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace & Defense markets, as well as critical technologies in demanding Commercial Power, Process and Industrial markets. We leverage a workforce of approximately 8,600 highly skilled employees who develop, design and build what we believe are the best engineered solutions to the markets we serve. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing innovative solutions through trusted customer relationships. For more information, visit www.curtisswright.com.

About INDAL Technologies

With over 70 years’ experience, INDAL, a business unit of Curtiss-Wright’s EMS Division, is a world leader in the design and development of ship-borne helicopter handling systems, undersea sensor handling systems and other sophisticated systems for international navies. The company combines a high level of engineering and manufacturing capability with expertise in the management of large and complex defense programs to provide unique solutions and deliver a high degree of value to its customers. Its industry leading manufacturing practices, adherence to ISO quality system requirements, program management and control systems ensure product excellence. For more information, visit: www.cw-ems.com/indal

About Hanwha Ocean (www.hanwhaocean.com)

Hanwha Ocean, founded in 1973 in Okpo Bay, Korea, is one of the world’s premium shipbuilders and offshore contractors. Hanwha Ocean specializes in the design and construction of various naval and commercial vessels, including submarines, destroyers, container ships, and tankers as well as offshore platforms, drilling rigs and FPSO/FPUs.

For more than 40 years, Hanwha Ocean has been building and servicing submarines for the Republic of Korea Navy and other navies. The company designed and delivered the first KSS-III (also known as Jangbogo-3) to the Republic of Korea Navy in 2021. Jangbogo-3 is the most capable, in-operation, ocean-going, diesel-electric submarine in the world.

Hanwha Ocean is part of Hanwha Group, which is Korea’s 7th largest company, the largest defence company in Korea, and the 26th largest defence company in the world. Hanwha Group has more than 50,000 employees globally and 102 subsidiaries.