Hanwha
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Navy/USMCSouth Korea’s Hanwha Buys Nearly 10 Percent Shareholding In Australia’s Austal, Seeks 20 Percent
A major South Korean conglomerate this week purchased a significant stake in Australian shipbuilder Austal, with hopes of expansion. On March 18 Hanwha Group said it acquired a 9.9 percent […]
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Navy/USMCIncoming Philly Shipyard Owners Aim To Bring It Back To 1940s Prominence Plus Incoming M&As and Partnerships
The CEO of the U.S. subsidiary of a Korean conglomerate buying Philly Shipyard recently said they want to return to the level of national prominence it had in the 1940s […]
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InternationalSouth Korea’s Hanwha Wins First U.S. Navy Maintenance Contract
South Korean shipyard operator Hanwha Ocean recently announced it won the first U.S. Navy contract to perform maintenance on a logistics support ship. This award comes a month after Hanwha […]
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InternationalKorea’s Hanwha Signs $1 Billion Artillery Deal With Romania, Looks To Offer Redback IFV
South Korea’s Hanwha Aerospace has signed a $1 billion deal with Romania for artillery equipment, with the company also planning to offer its Redback platform for Bucharest’s effort to modernize […]
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