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Hanwha wins $269M US Navy shipbuilding 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 vessel-building deal for the U.S. Navy since acquiring Philly Shipyard in 2024. The contract was announced on Friday, local time, according to Yonhap and KBS World. Korean shipbuilders 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. Korean media frame this as a milestone for Hanwha's U.S. expansion, though no Korean blog or café reactions are covered in the supplied documents.

  1. Hanwha Defense USA wins $269 mil. US Navy shipbuilding contract Korea Times · 2026-10-31
  2. Hanwha Defense USA Wins First Contract to Build Vessel for US Navy KBS World · 2026-10-31
  3. Hanwha Defense USA wins US$269 mln U.S. Navy shipbuilding contract Yonhap · 2026-10-30
  4. Korean Shipyards Win Six U.S. Navy Cargo Contracts Business Korea · 2026-10-30

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