Hanwha Systems, a defense electronics and IT technology company, and Hanwha Ocean, one of the world’s major shipbuilders, announced the acquisition of US shipbuilding company Philly Shipyard.
Hanwha Systems and Hanwha Ocean will together invest US$100 million to acquire Philly Shipyard, in furtherance of their strategies to expand their global defense and shipbuilding activities.
Philly Shipyard is a US shipbuilder that has delivered approximately half of the large US Jones Act commercial ships...
https://container-news.com/hanwha-to-acquire-us-shipbuilder-philly-shipyard/