SIMA Peru and HD HHI ink Submarine Design LoI – Naval News
Following the Memorandum of Understanding (MOU) signed during the APEC 2024 Summit and the Memorandum of Agreement (MOA) signed at SITDEF 2025, the General Manager of Servicios Industriales de la Marina (SIMA Perú S.A.), Rear Admiral Luis SILVA López, made an official visit to the Republic of Korea to sign a Letter of Intent (LOI) with the President of HD Hyundai Heavy Industries (HD HHI), Ph.D. WON HO JOO.