Hanwha bags 1st US Navy shipbuilding order

Hanwha Group has secured its first contract to build a warship for the United States Navy, following its acquisition of Philadelphia-based Philly Shipyard in December 2024. This marks a significant milestone in the Korea-U.S. shipbuilding cooperation initiative, Make American Shipbuilding Great Again (MASGA). Hanwha Defense USA has signed a $269 million contract with vessel construction manager TOTE Services to build a landing ship medium (LSM).

The construction of the LSM is expected to commence in the fourth quarter of next year, with the contract also including options for three additional vessels. The LSM is designed to support U.S. Navy operations in contested coastal areas, particularly in the Indo-Pacific region, and is tasked with transporting and deploying Marine Corps personnel, equipment, and supplies to coastal areas. The U.S. Navy aims to secure a total of 35 LSMs.

Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.