According to The Korea Herald, HD Hyundai Chairman Chung Ki-sun met with Gilberto Teodoro Jr., the Philippines' secretary of national defense, in Seoul on Monday to discuss ways to deepen cooperation in shipbuilding and naval defense. The two reviewed a decade of defense ties and agreed to broaden collaboration aimed at modernizing the Philippine Navy and strengthening the competitiveness of the local shipbuilding industry. Their defense relationship dates back to 2016, when HD Hyundai Heavy began working with the Philippines.