... Old news now but they are still being built in South Korea. This is good value for the MoD but arguably not that good for UK PLC. Unless we have some reciprocal trade agreement with the South Koreans, all the money leaves the Country.
My employer, a FTSE 100 Engineering company in the Defence field is curently working on a major multi million pound contract for the South Korean MoD. The technology, research and development work in this contract is a damned sight more relevant than welding a few bits of steel plate together and then painting it grey.