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Hanwha Defense Wins $269M US Navy Ship Contract

Hanwha Defense USA (HDUSA), a subsidiary of Hanwha Aerospace, has secured a $269 million contract to build a medium landing ship (LSM) for the U.S. Navy and Marine Corps, marking its first such award, according to the Korea Times and Yonhap. The contract was announced on October 30, 2026, and follows HDUSA's recent acquisition of a controlling stake in Hanwha Philly Shipyard as part of an internal restructuring to strengthen its U.S. naval presence. Korean shipyards have also won maintenance contracts for at least six of the U.S. Navy's 14 cargo supply ships over the past two years, Business Korea reports, highlighting a broader Korean foothold in U.S. naval work. Korean media coverage focuses on the deal as a milestone for Hanwha's U.S. expansion, though no direct Korean public reactions are detailed in the supplied documents.

  1. Hanwha Defense USA wins $269 mil. US Navy shipbuilding contract Korea Times · 2026-10-30
  2. Hanwha Defense USA wins US$269 mln U.S. Navy shipbuilding contract Yonhap · 2026-10-30
  3. Korean Shipyards Win Six U.S. Navy Cargo Contracts Business Korea · 2026-10-30
  4. Hanwha Defense USA to take control of Philly Shipyard in internal restructuring Korea Times · 2026-10-28

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