PHILADELPHIA – The Philly Shipyard’s new Korean owners plan to boost the workforce numbers, use several new technologies, and add new capabilities to help it dramatically increase the production rate. […] ...

PHILADELPHIA – The new South Korean owner of the Philly Shipyard is looking at a combination of internal and government-funded yard improvements to boost production from the current 1-1.5 ships per […] ...

Italy’s shipbuilder Fincantieri appointed George Moutafis as the next CEO of U.S. subsidiary Fincantieri Marine Group (FMG), effective July 1. Moutafis succeeds Marco Galbiati, who had served as CEO since […] ...

Navy officials on Tuesday told the Senate Appropriation’s defense subcommittee that SM-3s are being used quickly and that the administration is still considering building U.S. Navy ships outside the U.S. to […] ...

South Korean conglomerate Hanwha Group on Monday announced a U.S. regulatory body approved the potential for it to significantly increase its equity position in Australia’s Austal, which builds naval vessels […] ...

The Secretary of the Navy Tuesday said the government should consider having the two submarine shipbuilders compete on the next version of the Virginia-class attack submarine (SSN). “I think in […] ...