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| 대우조선해양_한화 (사진=대우조선해양) |
[Alpha Biz=(Chicago) Reporter Kim Jisun] The Defense Acquisition Program Administration reportedly conveyed its opinion that the business combination between Hanwha and Daewoo Shipbuilding & Marine Engineering will not increase its dominance in the local defense market.
According to the industry on the 10th, the Defense Acquisition Program Administration responded to a request from the FTC for an opinion on the impact of the merger between companies on the defense industry in the naval vessel sector. An official from the Defense Acquisition Program Administration said, "It is under review by the Fair Trade Commission, and the confirmation of the reply is limited."
However, the Defense Acquisition Program Administration reportedly judged that the market impact of the combination of the two companies was not significant. The Defense Acquisition Program Administration is the sole consumer of the domestic warship market.
Currently, approval of the merger between Hanwha and Daewoo Shipbuilding & Marine Engineering is being delayed due to the warship market. The FTC has pointed out that since Hanwha makes naval weapons and Daewoo Shipbuilding & Marine Engineering builds warships, it can increase market dominance through vertical combinations.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
