Trump "needs help with Korean shipbuilding"...What is the MRO business you mentioned? [Anchor Report]

Yesterday, U.S. President-elect Trump stressed in a call with Yoon Suk Yeol's president that "close cooperation in the MRO field of warships and ships is necessary."

Ship MRO, find out what kind of business it is
Let's take a brief look at why Trump says he needs South Korea's help.

First of all, MRO is an English word that means maintenance, repair, and maintenance.

Since ships are used for at least 30 years once they are built, maintenance, maintenance, and maintenance are just as important as construction,

This MRO is particularly important, especially because warships cannot be easily changed in terms of scale or security even if they fail.

In order to perform such maintenance smoothly, technical skills, parts supply and demand networks, and repair facilities such as dry dock must be well equipped.

A dry dock is a land construction facility that allows a ship to enter and drain all the water to be exposed to the bottom of the ship,
It is a facility that is difficult to have unless it is a good shipbuilding powerhouse.

So why did Trump say he needed the help of Korean shipbuilding?

Currently, the shipbuilding industry in the United States is virtually cut off.

During World War II, more than 50 shipyards built 1,000 ships a year and dominated the market, but after that, while focusing on domestic demand, they took the lead in Japan, Korea, and China.

The problem is that this weakening of the shipbuilding industry is also leading to a weakening of the naval power.

China, which is competing with the United States for supremacy, has greatly increased its naval power based on its strong competitiveness in the shipbuilding industry,

In the United States, maintenance takes months, let alone construction.

In this situation, for the United States, our country is virtually the only option to entrust the warship MRO.

This is because it has technology, facilities, and the most important security as an ally of the United States.

The U.S. Navy's MRO budget reportedly amounts to 20 trillion won per year.

Several domestic shipbuilding companies have already acquired shipyards in the United States and entered the US Navy's MRO business.

The U.S. Navy's MRO business, which can achieve stable results without being swayed by business conditions, is expected to be a new growth engine for our shipbuilding industry.