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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. Yonhap reports the contract was announced on October 30, and KBS World notes it was confirmed Friday local time. The win follows broader Korean shipyard success, with Business Korea reporting that Korean shipbuilders have secured maintenance contracts for at least six of the U.S. Navy's 14 cargo supply ships over the past two years. Korean media outlets, including the Korea Economic Daily, highlight this as a milestone two years after the Philly Shipyard acquisition, with the deal seen as a significant step in expanding Korean defense firms' foothold in the U.S. naval market.