In December, Hanwha completed its $100 million acquisition of Philly Shipyard, with plans to take on module fabrication work for Navy warships and submarines. Hanwha gained its current 9.9% stake in ...

South Korea’s Hanwha Group, following its $100 million acquisition of what is now Hanwha Philly Shipyard, plans on hiring a ...

Hanwha Group is accelerating its push into the U.S. ground and naval defense markets, leveraging its K9 self-propelled ...

Hanwha currently holds a 9.9 per cent equity position in Austal, and a further 9.9 per cent economic interest through a cash ...

Hanwha Group received the OK from the U.S. Committee on Foreign Investment (CFIUS) to increase its shareholding in Australian ...

In a major development for the local company, South African company Milkor Aerospace and Defence, developer and manufacturer ...

Hanwha Group, which seeks U.S. and Australian regulatory approval to increase its stake in Austal to 19.9% from 9.9%, said Tuesday that the Committee on Foreign Investment in the U.S. had cleared the ...

Australia’s largest shipbuilder has said it would be a “strange outcome” if the government allowed it to be taken over by a ...

Hanwha Ocean is working to design and build floating production, storage and offloading vessels that will be smarter, cleaner and safer, the company's offshore business president Philippe Levy tells U ...

South Philadelphia’s long, storied shipbuilding history could return to the fore as a South Korean company plots a major expansion along its waterfront. Hanwha Group will invest $70M to upgrade ...