The companies’ memorandum of understanding, signed today at the Sea Air Space conference, is the latest example of teaming between the US maritime industry and foreign shipbuilders based in South Korea or Japan.
It's the latest in a series of moves South Korean shipbuilders have made to advance their interests in American-based facilities.
The Sixth Domain is not defined by geography. It’s a new kind of conflict in which autonomy and networked systems allow thousand-dollar consumer electronics to destroy multi-million-dollar conventional weapons systems.
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.
The Korean company and Norwegian-owned American subsidiary have a history of working together.
US Navy Secretary Carlos Del Toro has praised South Korean shipbuilders such as HD Hyundai at recent events, encouraging more participation with US industry.
Navy Secretary Carlos Del Toro in public has frequently referenced potential subsidies for foreign shipbuilders who establish stateside operations.
Breaking Defense Europe will launch May 4 with Tim Martin and Elisabeth Gosselin-Malo as co-editors.