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 president for its Philadelphia shipyard, as the conglomerate strives to increase its presence in the United States naval shipbuilding sector, according to the company. Kim Hyuk has assumed the role of president of Hanwha Philly Shipyard, effective immediately, superseding David Kim. Kim had been instrumental in leading Hanwha's acquisition of the facility in 2024 and overseeing a significant increase in its workforce since then, as reported by the shipyard in a press release.
Kim Hyuk boasts over 25 years of expertise in both commercial and naval shipbuilding, having held senior positions at Hanwha Ocean Co. and its predecessor, Daewoo Shipbuilding & Marine Engineering. The appointment of Kim Hyuk coincides with Hanwha Defense USA (HDUSA), a subsidiary of the South Korean defense giant Hanwha Aerospace Co., gaining majority ownership of the Philadelphia shipyard.
This strategic move aims to transform the facility into a dual-use shipyard, proficient in constructing both commercial and military vessels.
Kim Hyuk will report directly to Tom Anderson, the president of U.S. shipbuilding at HDUSA. Anderson oversees the company's shipbuilding operations and will guide Kim Hyuk in his new role.
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.
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