Hanwha names new president of US shipyard in Philadelphia amid expansion
WASHINGTON — South Korea's Hanwha Group has appointed a new president of its Philadelphia shipyard in the United States, as the conglomerate seeks to expand its U.S. naval shipbuilding operations, according to the company. Kim Hyuk has been named president of Hanwha Philly Shipyard, effective Monday, succeeding David Kim, who helped oversee Hanwha's acquisition of the facility in 2024 and a near…
Washington — Hanwha Group has introduced a new leader for its Hanwha Philly Shipyard in the United States, as the company pursues expansion in the U.S. naval shipbuilding sector, according to the organization. Kim Hyuk has assumed the role of president of Hanwha Philly Shipyard, beginning on Monday, succeeding David Kim, who facilitated Hanwha's acquisition of the facility in 2024 and a substantial increase in workforce since then, the shipyard announced in a press release.
The new president possesses over two and a half decades of expertise in commercial and naval shipbuilding, including high-ranking positions at Hanwha Ocean Co. and its precursor, Daewoo Shipbuilding & Marine Engineering. The appointment occurs as Hanwha Defense USA (HDUSA), a subsidiary of the South Korean defense behemoth Hanwha Aerospace Co., gains majority ownership of the Philadelphia shipyard in a bid to convert the facility into a dual-use shipyard capable of constructing both commercial and military vessels.
Kim will operate under Tom Anderson, president of U.S. shipbuilding at HDUSA, who oversees the company's shipbuilding activities.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
