Hanwha to invest $5 billion to improve infrastructure at Philadelphia shipyard
The investment will be used for the installation of two additional docks and three quays to increase capacity at Hanwha Philly, according to the announcement.
The investment will be used for the installation of two additional docks and three quays to increase capacity at Hanwha Philly, according to the announcement.
The Swedish parliament, Riksdagen, has also given the government authority to enter into an agreement with Thailand on up to 12 new Gripens and additional air defense systems.
"It shows how close we are to an incident that triggers a wider diplomatic and military crisis," China analyst Euan Graham said.
The acquisition would cost $2.7 billion New Zealand dollars ($1.57 billion USD), said the New Zealand Defence Force in its announcement.
"China’s carrier operations beyond the second island chain mark a turning point in Indo-Pacific security," write Brent Sadler and Allen Zhang in this op-ed.
Amid debate over aircraft carriers' vulnerability, analysts told Breaking Defense global interest is strong.
The decision was mutually agreed upon by Singapore and the US, according to a statement from Singapore's defense ministry.
The American firm is setting up a new office in Taipei, as it delivers loitering munitions to the island.
“Japan and Australia are special strategic partners, and this was a major step toward further enhancing security cooperation with Australia,” said Gen Nakatani, Japanese defense minister.
Still, a Swedish official told Breaking Defense that any deal won't be finalized until the ink is dry during an expected signing ceremony.
The “cancellation of this dialogue is disappointing and counterproductive for alliance interests,” Rory Medcalf, head of the Australian National University’s National Security College, said. “It is in the interests of both countries that such dialogues resume as soon as possible.”
The deal, for 11 frigates, represents the first major arms sale for Japan since World War II.
Almost all of that money is tied up in $6.5 billion agreement with South Korea's Hyundai Rotem Company (HRC) for a second deal on tanks and support vehicles.
The US ally currently has the largest number of F-35s on order outside of the United States, with plans for 157 jets split into 105 F-35A Conventional Take Off and Landing (CTOL) aircraft and 42 F-35Bs.