Hanwha Defense USA to take control of Philly Shipyard in internal restructuring
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Hanwha Defense USA said Tuesday it will acquire a controlling stake in Hanwha Philly Shipyard, part of a broader internal restructuring aimed at strengthening the South Korean conglomerate's US naval shipbuilding operations. Under a restructuring plan announced in September, Hanwha Systems Co. will sell its 60 percent stake in the shipyard to Hanwha Defense USA Shipbuilding LLC, a joint venture involving HDUSA and Hanwha FutureProof. Hanwha Ocean Co. will retain its 40 percent stake. HDUSA said
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- https://www.koreaherald.com/article/10917118
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- 28/10/2026 00:27 UTC
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- 28/10/2026 00:39 UTC
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