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SecNav Speech Details Hanwha Plans For Philly, Next Step In Reloading Missiles At Sea

Rich Abott By
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SecNav Speech Details Hanwha Plans For Philly, Next Step In Reloading Missiles At Sea
Sailors from the Naval Expeditionary Logistics Support Group and USS Chosin (CG 65) guide a missile canister using the U.S. Navy’s Transferrable Rearming Mechanism (TRAM) as they demonstrate the ability to reload a Vertical Launching System cell on July 11 at Naval Surface Warfare Center, Port Hueneme Division’s Underway Replenishment Test Facility. (Photo: U.S. Navy)

In a recent speech remarking on his three years in office, the Secretary of the Navy detailed some of the plans South Korea’s Hanwha have for the Philly Shipyard and the next step in developing the capability to re-arm naval missiles at sea. In June, Hanwha announced an agreement to purchase the Norwegian-owned Philly Shipyard for $100 million. The transaction is expected to close during the fourth quarter of FY 2024 if all goes according to plan (Defense Daily, June…

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