The Korean navy has made many efforts to apply the concepts of PLM (Product Lifecycle Management) and M&S to its naval design and production. However, most of the efforts that have being applied to some acquisition processes, focused only on the element technologies without information models and data frameworks. This study discusses an information model of naval ships for advanced naval acquisitions. We introduce a naval ship product model, and it refers to the DPD (Distributed Product Description) concept of SBA (Simulation-Based Acquisition). To realize the product model concept, we design a data architecture and develop a Product Model Management System (PMMS) based on a PDM System. It is validated through the case study of building the product model of the battle ship that the PMMS has the applicability to effectively manage the naval ship acquisition data on the basis of a 3D product model.