Hanwha Ocean awards contract to Hepburn Engineering on the Republic of Korea Navy AOE-II Project

Hanwha Ocean awarded a multi-million USD contract to Toronto’s Hepburn Engineering for its Replenishment-at-Sea (RAS) system.

The RAS system will be a critical component in enabling high-speed auxiliary vessels, often referred to as the naval equivalent of aerial tankers, to replenish fuel, ammunition and provisions.

The system will be installed on the Republic of Korea (ROK) Navy’s AOE-II (Auxiliary Oiler and Explosives) vessels and is being procured as part of a larger USD $332 million fast combat support ship order that Hanwha Ocean secured from Korea’s Defence Acquisition Program Administration (DAPA) in August 2024.

This contract represents a major step forward in defence collaboration between South Korea and Canada, underscoring Hanwha Ocean’s dedication to forging strategic partnerships with Canadian firms under Canada’s Industrial and Technological Benefits (ITB) framework. The ITB policy requires defence contractors to generate economic activity in Canada equivalent to the contract’s value. Hanwha Ocean’s inclusion of Hepburn Engineering in the AOE-II supply chain reflects both Hepburn’s proven success in supplying RAS equipment to the ROK Navy and a forward-looking approach to meeting anticipated ITB obligations.

“We see significant opportunities for synergies between Hanwha Ocean and Canadian partners like Hepburn Engineering,” Michael Coulter, President & CEO, Hanwha Global Defence, stated in a press release. “Collaboration on important projects like this will enhance and strengthen the relationship between Canada and South Korea.”

This AOE-II vessel is expected to be delivered to the ROK Navy by December 2028. Hepburn will deliver its RAS system to Hanwha Ocean by December 2026 following a comprehensive engineering and integration process.

“Hepburn is very proud to have been selected by Hanwha Ocean to be a supplier on this important project for the Republic of Korea Navy,” John Hepburn, President and CEO, Hepburn Engineering stated in a press release. “Having successfully delivered our system for the first ship in class, we’re now privileged to provide the same trusted capability for the second vessel in this important program. We plan to work very closely and collaboratively with Hanwha Ocean to ensure delivery of our Replenishment-at-Sea system is on spec, on time and on budget.”



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