The deal is part of a series of aggressive moves Hanwha has taken to solidify its presence in the American defense industrial base this year.
By Justin KatzCapability exists to simulate the future of kill chains at theater scale
A tool to explore what-if scenarios and tradeoffs at the theater-level faster than traditional analysis.
Hanwha has been making global inroads in recent years, and has been eyeing expansion inside the United States as a priority.
By Aaron Mehta
“What characterizes war, it’s a battle of will and magic bullets don’t exist. There is certainly a need for precision and really high-end weapon systems, but there’s also a need for mass, relatively inexpensive weapon systems.” Australian Maj. Gen. Vagg told Breaking Defense.
By Colin Clark and Aaron Mehta “I don’t see us building destroyers in Philadelphia,” Hanwha Defense USA CEO Mike Smith said. “I do see us building the fleet the Navy needs next.”
By Valerie Insinna
Hanwha informed Austal of the decision in a Sept 25 letter that it was dropping the bid over what it called “unprecedented” demands from the Aussie ship builder.
By Colin Clark
Advanced Navigation CEO Chris Shaw told Breaking Defense the deal could boost his company’s business by 400 percent.
By Colin Clark
Michael Smith, announced today as the new CEO of Hanwha Defense USA, is a Navy veteran who has held senior leadership positions at Lockheed Martin, HII and BAE Systems.
By Valerie Insinna
Autonomy changes everything about combat engineering
Sending robotic vehicles into the breach saves lives by removing humans from one of the most dangerous places on the battlefield.
At the Farnborough Air Show, a company exhibit showed off the proposed engine not just on aerospace systems, but as part of the powerplant for naval vessels.
By Aaron Mehta It’s the latest in a series of moves South Korean shipbuilders have made to advance their interests in American-based facilities.
By Justin Katz
For several years the company has been eyeing entry points into the US market and has also teamed up with Aundril for the S–MET Increment II competition.
By Ashley Roque
Carlos Del Toro has repeatedly praised shipbuilders in South Korea and Japan for their abilities to keep construction efforts on time.
By Justin Katz
Austal rejected the bid based on concerns it would not be approved by regulators, something Hanwha says should not be an issue.
By Aaron Mehta
“Rheinmetall didn’t build a Boxer factory in Australia as an act of charity. They did it because we paid them to do it,” Marcus Hellyer, an Australian defense acquisition expert, told Breaking Defense. “That gives them the capacity to now build stuff for Germany and that will mean that there will be jobs in Australia.”
By Colin Clark Navy Secretary Carlos Del Toro in public has frequently referenced potential subsidies for foreign shipbuilders who establish stateside operations.
By Justin Katz
