Hanwha Defense USA to Acquire Hanwha Philly Shipyard

Hanwha Defense USA (HDUSA) announced it is acquiring a controlling stake in Hanwha Philly Shipyard, bringing the shipyard under HDUSA’s leadership and governance structure and strengthening its presence in the U.S. shipbuilding and defense market. Hanwha Defense press release The announcement follows HDUSA establishing a presence at the shipyard earlier this year to transition it ... The post Hanwha Defense USA to Acquire Hanwha Philly Shipyard appeared first on Naval News.

Source: Naval News