Daewoo Shipbuilding & Marine Engineering Co. has successfully delivered a 61-meter-long, 1,400-ton submarine to Indonesia, among the three that the shipbuilder won in a deal worth US$1.1 billion in 2011.
During the Submarine handover ceremony, Indonesian Minister of Defense Prabowo Subianto revealed that Daewoo Shipbuilding will support Indonesia's PT PAL shipyards in developing the ability to independently build submarines and establish partnerships with technology transfer and cooperation.
Named KRI Alugoro, the submarine's design was based on Daewoo Shipbuilding's first-built submarine, the DSME 1400 or Improved Chang Bogo-class.
Pieces of the submarine were built at Daewoo Shipbuilding's Okpo shipyard in Geoje Island and assembled at PT PAL shipyard in Surabaya, Indonesia.
It is the first submarine ever built in South East Asia. Subianto noted that it was the first time a shipyard owned by a national company, PT PAL, succeeded in submarine production.
The defense chief emphasized that Indonesia is building its defense capabilities not to threaten anyone but to preserve its independence.
He added that Indonesia needs sufficient strength to maintain sovereignty and protect its territorial integrity from foreign threats.


Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S.
Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth
Ford Q1 Earnings Beat Expectations, Stock Surges on Strong Guidance
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth
Why Paycom Was Named a 2026 Platinum Employer on the Where You Work Matters List
U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales
Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand
TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift
Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat
Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand
Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance
Nippon Express Stock Jumps as Elliott Investment Signals Strong Foreign Interest in Japan Logistics Sector 



