The US Navy is seeking South Korean shipbuilding expertise and considering bids from major South Korean shipyards.
1 report, 1 independent
Updated Jul 14
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What happened
The US Navy is seeking South Korean shipbuilding expertise and considering bids from major South Korean shipyards.
Who's involved
What this event is mainly aboutKeep 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
- Hanwha Philly Shipyard secured a $1.4 billion contract for defense vessels.
- 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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Samsung Heavy Industries
South Korean shipbuilding company
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Hanwha Ocean
shipbuilder of South Korea