HD Hyundai, Kiewit unveil plans for new US shipyard
The companies said they aim to build both US auxiliary and commercial vessels at the shipyard.
The companies said they aim to build both US auxiliary and commercial vessels at the shipyard.
“We’ve got protection in our contracts from tariffs,” one defense industry executive told Breaking Defense. “There are fixed priced contracts that that would hurt on, but for the most part, we’re not super worried about it, to be honest.”
A slate of poorly understood new tariff and sanctions rules are complicating the Trump Administration's own efforts to boost arms exports, even as sales of American-made weaponry blow past previous highs.