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U.S. Navy awards Hanwha Group first subcontractor project for next-gen logistics ship

Published: 31 Mar. 2026, 16:05

Hanwha Ocean's shipyard is seen in Geoje, South Gyeongsang, on March 12. [YONHAP]

Hanwha Group has secured its first U.S. Navy project as a subcontractor for a next-generation logistics ship project, marking a major new step for the group in the United States defense market, the group said Tuesday.

Hanwha Defense USA (Hdusa) and Hanwha Philly Shipyard, the Korean group's U.S. subsidiaries, were selected as subcontractors to collaborate with Vard Marine US for the U.S. Navy's Next Generation Logistics Ship (NGLS) program, according to Hanwha Group. Financial terms of the contract were not released.

Under the contract, Hanwha will collaborate with Vard Marine US on a market survey, concept design and refinement of the NGLS platform, while also supporting manufacturing assessments, commercial shipbuilding practices and production cost evaluations.

The contract also includes options for functional design planning and additional studies for the project.

The deal marks the first U.S. Navy contract awarded to Hdusa since its establishment and Hanwha's acquisition of the Philly Shipyard.

Since December 2024, Hanwha has invested more than $200 million to upgrade the shipyard's workforce, capabilities and production capacity.

Separately, Hanwha Ocean, the Korean parent company of Hanhwa Philly Shipyard, is currently providing maintenance, repair and overhaul (MRO) services for the Charles Drew, which is the third U.S. naval vessel to undergo MRO service by the Korean shipbuilder.

"This award represents an important step in our ability to leverage our world-class shipbuilding expertise in building the ships the Navy needs to support our service members deployed in contested maritime domains," Tom Anderson, president of shipbuilding at Hdusa, said.

Yonhap