Hanwha Philly Shipyard secured a $1.4 billion contract for defense vessels.
3 reports, 3 independent
Updated Sep 8
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What happened
Hanwha Philly Shipyard secured a $1.4 billion contract for defense vessels.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Hanwha Ocean wins a $510M frigate contract.1 source
Hanwha Philly Shipyard wins $1.4B defense vessel contract.1 source
Keep exploring
Part of
A defense bill is creating procurement opportunities for several shipyards, including plans for a $5 billion investment and securing U.S. Navy contracts.Also in this story
- The US Navy is seeking South Korean shipbuilding expertise and considering bids from major South Korean shipyards.
- Hanwha Ocean is seeking bids for 12 new submarine contracts.
- Hanwha Ocean is a front-runner for a Canadian submarine program, prompting Canada to seek industrial partnerships with South Korean firms.
The entities involved
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Hanwha Philly Shipyard
shipyard in Philadelphia, Pennsylvania, U.S.
Nothing else this week.
Related events
- $325 million was allocated by the U.S. Congress for the construction of the Hanwha Philly Shipyard.
- Cao toured the Hanwha Philly Shipyard to discuss its capacity.
- Hanwha Philly Shipyard is partnering with Texas A&M University to build training vessels for state maritime academies and revitalize the American shipbuilding industry.