Hanwha Philly Shipyard Names Kim Hyuk as President, Stepping Up U.S. Naval Expansion
Hanwha Philly Shipyard is accelerating its push into the U.S. market with the appointment of Kim Hyuk as its new president. Kim brings more than 25 years of experience in both naval and commercial shipbuilding.The shipyard announced on Nov. 2 that it had appointed Kim, formerly head of the Smart Ves
Hanwha Philly Shipyard has appointed Kim Hyuk as its new president, bolstering its push into the U.S. naval market. With over 25 years of experience in naval and commercial shipbuilding, Kim brings expertise in ship design, production, and construction, having previously served as head of special vessel strategic planning and management at Hanwha Ocean.
The appointment comes as part of Hanwha Group's strategy to develop Philly Shipyard into a dual-use facility capable of building both commercial and military vessels. The shipyard has recently secured contracts, including a $269 million contract with the U.S. Missile Defense Agency for a sea-based missile test instrumentation vessel and a Medium Landing Ship (LSM) for the U.S. Navy and Marine Corps valued at approximately $269 million.
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