Hanwha wins first US Navy contract under MASGA push

Hanwha Group has landed its first US Navy contract as a subcontractor on a next-generation logistics ship program, marking a major milestone in the conglomerate's push into the American defense market. The group’s US subsidiaries, Hanwha Defense USA and Hanwha Philly Shipyard, will partner with Vard Marine US, the US subsidiary of shipbuilder Vard Group, to support market research, concept design and refinement for the Next Generation Logistics Ship, or NGLS. The NGLS, also known as the light re

By The Korea Herald