cheonan sinking stirs new interest in coastal submarines

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  • 8/7/2019 Cheonan Sinking Stirs New Interest in Coastal Submarines

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    Press ReleaseContact: Stuart Slade, Defense Analyst

    Phone: (203) 426-0800

    Fax: (203) 426-4262

    Web site: www.forecastinternational.com

    E-mail: [email protected]

    Forecast International, Inc.22 Commerce Rd. Newtown, CT 06470 USA

    FOR IMMEDIATE RELEASE

    Cheonan Sinking Stirs New Interest in Coastal Submarines

    NEWTOWN, Conn. [January 24, 2011] According to Forecast Internationals The Market for Submarines

    analysis, the torpedoing and sinking of the South Korean corvette Cheonan in March 2010 by a North Korean

    coastal submarine will prompt a surge of interest in small, low-cost submarines. The corvette was specifically

    designed for operations in littoral waters and built with full knowledge of the threat spectrum she would face. Yet,

    she was blown in half by a torpedo she never saw coming. The force multiplier effect was clearly evident here.

    The Cheonan was designed to provide an economical asset for patrolling coastal waters, but the submarine used to

    sink her cost an order of magnitude less and that submarine got away with her attack cold, said warships analystStuart Slade, author of the report. It is quite clear which was the most cost-effective asset in this particular

    scenario.

    It is likely that the sinking of the Cheonan will cause a surge in the market for small, coastal submarines. These

    low-cost, quick-to-build and economical-to-operate submarines offer small navies with the means to threaten those

    who intrude upon their territorial waters. Until recently, the capabilities of such submarines were neglected as

    attention focused on their ocean-going sisters. With the destruction of the Cheonan, this is likely to change. The

    question is whether the shipbuilding companies will be able to exploit this altered perception.

    Western submarine builders have attempted to produce small coastal submarines but, with few exceptions, these

    have never enjoyed any significant success. Russian offerings of small derivatives of their Project 877 and 677 classdiesel-electric boats have also met with scant success. The reason is that these boats have tried to package the

    capability of the larger submarines into a small hull. This is a technological challenge of daunting dimensions and,

    in solving it, the defining characteristic of the small coastal its low cost is lost.

    If the changed perception of the coastal submarine is to be exploited, the requirement is to build a low-costsubmarine that makes no pretext of challenging its larger cousins in quality terms but instead requires a minimum

    investment in resources and personnel to operate, said Slade. He added that such submarines would exploit a gapin the market but require existing Western submarine teams to break decades of acquired design habits. If they do

    not do so, Slade said, the coastal submarine market will go to Chinese and possibly Russian producers.

    Forecast International, Inc. (www.forecastinternational.com) is a leading provider of Market Intelligence and

    Analysis in the areas of aerospace, defense, power systems and military electronics. Based in Newtown, Conn.,

    USA, Forecast International specializes in long-range industry forecasts and market assessments used by strategicplanners, marketing professionals, military organizations, and governments worldwide. To arrange an interview

    with Forecast Internationals editors, please contact Ray Peterson, Vice President, Research & Editorial Services(203) 426-0800,[email protected]. Proprietary Special Research is also available. Contact Jonathan

    Watson, Managing Director, The Forecast Consulting Group ([email protected]). Questions regarding sales

    may be directed to [email protected].

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