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Hanwha Defense USA (HDUSA), a subsidiary of Hanwha Aerospace, has secured its first contract to build a vessel for the U.S. Navy since acquiring Philly Shipyard in 2024. The $269 million deal covers a medium landing ship (LSM) for the U.S. Navy and Marine Corps, announced on October 30-31, 2026. Yonhap reports the contract was confirmed on Oct. 30, while KBS World notes HDUSA announced it on Friday local time. The Korea Times adds that Hanwha is also restructuring internally, with HDUSA set to take a controlling stake in Hanwha Philly Shipyard to strengthen its U.S. naval business. Korean media frame this as a tangible step in Korea-U.S. shipbuilding cooperation, though no Korean public reaction is detailed in the supplied documents.