TOTE Services has selected Hanwha Defense USA to build the U.S. Navy’s first Medium Landing Ship (LSM) at Hanwha Philly Shipyard in a $269 million deal.
Hanwha Defense USA (HDUSA) announced it is acquiring a controlling stake in Hanwha Philly Shipyard, bringing the shipyard under HDUSA’s leadership and governance structure and
At AUSA 2026, Hanwha showcased its M38/M48 MUSV design with Magnet Defense alongside flexible containerized MLRS and VLS options.
Hanwha Defense USA has submitted a non-binding proposal of up to $1.2 billion to acquire Austal’s U.S. operations. The bid comes as Austal USA announced an expected FY2026 EBIT loss of $(175) million due to non-cash accounting provisions on legacy surface ship contracts.
TOTE Services and Hanwha Philly Shipyard have been selected to build the U.S. Missile Defense Agency’s new Missile Range Instrumentation Vessel, ‘Golden Defender.’ TOTE Services
At Eurosatory 2026, Hanwha Systems’ new Striker Medium Uncrewed Surface Vessel (MUSV) stood out as one of the few concepts aimed at bringing missile firepower
At Sea Air Space 2026, Hanwha Defense USA (HDUSA) and Miami-based autonomous maritime company Magnet Defense announced a strategic partnership to produce medium unmanned surface vessels (MUSVs) for the
On Jan. 8, 2026, Hanwha Defense USA, Hanwha Systems Co, and U.S.-based collaborative autonomy company HavocAI announced they will jointly develop 200-foot autonomous surface vessels
Australia has approved South Korean shipbuilding and defense conglomerate Hanwha Group’s plan to nearly double its stake in Austal, a move that would make Hanwha
Hanwha Group announced a $5 billion infrastructure plan for Hanwha Philly Shipyard as part of South Korea’s commitment to supporting growth of the U.S. shipbuilding
