A DND observer said that the company is offering the Philippines varieties of the "Incheon" class frigates.
"Some initial talks are now being held and hopefully, the company will get a chance to bid for our frigate requirements," he stressed.
He also pointed out that talks with the South Korean defense manufacturer came about when the DND decided to not go ahead with the planned purchase of the Italian "Maestrale" frigates due to questions of cost and hull aging.
The "Incheon" are coastal defense frigates of the Republic of Korea Navy with its lead ship launched on April 29, 2011.
The "Incheon" class frigates will replace the aging fleet of "Pohang" class corvettes and "Ulsan" class frigates, and take over multi-role operations such as coast patrol, anti-submarine warfare and transport support.
Later batches are planned to be specialized on anti-air and anti-submarine warfare.
"Incheon" class frigates are armed with the 127mm/L62 Mk. 45 Mod 4 naval gun.
Point-defense armaments include a single 20 mm Phalanx CIWS and a RIM-116 Rolling Airframe Missile Block 1 21-round launcher.
Anti-Submarine Warfare armaments consists of K745 LW Cheong Sahng-uh (Blue Shark) torpedoes.
Its anti-ship capability is provided by 16 SSM-700K Hae Sung (Sea Star) long-range anti-ship missile, each with performance similar to the US Harpoon while land-attack capability is provided by the recently-developed Hyunmoo IIIC (Guardian of the Northern Sky) cruise missile, which is similar to the US Tomahawk.
It has a length of 374 feet, speed of 30 knots, capable of carrying a naval helicopter and a complement of 140 officers and men.
"Incheon" frigates weigh around 3,000 tons and has cruising range of 5,000 miles.
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