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 […] ...

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 […] ...

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 […] ...