South Korean giant Hanwha agrees to acquire Philly Shipyard for $100M

South Korean giant Hanwha agrees to acquire Philly Shipyard for $100M
South Korean giant Hanwha agrees to acquire Philly Shipyard for $100M

It’s the latest in a series of moves South Korean shipbuilders have made to advance their interests in American-based facilities.

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With back-to-back deals in Peru, South Korea defense industry expands South American foothold

With back-to-back deals in Peru, South Korea defense industry expands South American foothold
With back-to-back deals in Peru, South Korea defense industry expands South American foothold

A new shipbuilding deal could be a test case that, if successful, could lead for years more work and millions more in deals for Seoul, in Peru and South America.

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South Korean shipbuilder HD Hyundai, Philly Shipyard ink agreement on construction, MRO

South Korean shipbuilder HD Hyundai, Philly Shipyard ink agreement on construction, MRO
South Korean shipbuilder HD Hyundai, Philly Shipyard ink agreement on construction, MRO

The Korean company and Norwegian-owned American subsidiary have a history of working together.

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Anduril, South Korean shipbuilder HD Hyundai announce new partnership for autonomous systems

Anduril, South Korean shipbuilder HD Hyundai announce new partnership for autonomous systems
Anduril, South Korean shipbuilder HD Hyundai announce new partnership for autonomous systems

US Navy Secretary Carlos Del Toro has praised South Korean shipbuilders such as HD Hyundai at recent events, encouraging more participation with US industry.

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In South Korea, Del Toro courts major shipbuilders to set up shop in US

In South Korea, Del Toro courts major shipbuilders to set up shop in US
In South Korea, Del Toro courts major shipbuilders to set up shop in US

Navy Secretary Carlos Del Toro in public has frequently referenced potential subsidies for foreign shipbuilders who establish stateside operations.

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